Your Resume could not be parsed at this time in PeopleSoft HCM

PROBLEM:

Java Exception: java.lang.NoClassDefFoundError: org/apache/commons/codec/binary/Base64: during call of com.peoplesoft.hrms.hrs.base64Utils.base64Encode. (2,763) HRS_HROI.UTIL.Base64Wrapper.OnExecute  Name:encode  PCPC:251  Statement:6

Called from:HRS_HROI_RESUMEEXTRACT.UTIL.ResumeProcessing.OnExecute  Name:uploadResume  Statement:58

Called from:HRS_HROI_RESUMEEXTRACT.Services.ResumeExtract.OnExecute  Name:buildTestpage  Statement:89

Called from:HRS_HROI.Components.HRS_VENDOR_SETUP.OnExecute  Name:FieldChange_HRS_TEST_LINK  Statement:150

Called from:HRS_VENDOR_SETUP.GBL.HRS_VNDR_WRK.HRS_TEST_LINK.FieldChange  Statement:2

The PeopleCode program executed an Error statement, which has produced this message.

REASON:

Resume cannot be parsed error comes in two scenarios
  1) Resume Extractor exists but the attached file is not a valid file type
(The resume extractor is specified in the following path: Recruiting>Load
Administration>Load Resume.)

2) Resume Extractor does not exist but the class file the
file com.peoplesoft.hr.rsrw.jar is not present in PeopleTools class folder

SOLUTION:

 Replace the com.peoplesoft.hr.rsrw.jar  file which is available in pshome\class folder