Time to Fill
What is Time to Fill?
Time to Fill is the amount of time it takes a Human Resources Team to fill an open position. It can indicate where HR teams can make process improvements. It can also demonstrate changes in the hiring market.
How to calculate Time to Fill
What is a good Time to Fill benchmark?
According to the Society for Human Resource Management, the global average for any position is 42 days. To fill engineering roles the average is 59 days.
Role 1 hired: 25 days Role 2 hired: 40 days Role 3 hired: 35 days Average Time to Fill = (25d + 40d + 35d) / 3 hires = 33.33 days per hire.
More about this metric
The method for measuring this metric depends on your starting point. For example, you could begin with when a job opening is approved or when a job is advertised.
The total number of working days it takes for all roles to be filled is divided by the number of roles hired. Note that you shouldn’t include positions that are ongoing or always open in this formula because it would artificially inflate the average number of days.
It should be noted that Time to Hire is a different metric and is used to measure the speed at which you "win" a selected candidate. For example, it may take an average of 42 days between posting a job opening and filling it, However, the average time between spotting your ideal candidate and them accepting your offer is often less than 10 days.
You can lower your average Time to Fill duration by using templates to improve your job descriptions and refining your employer brand within your target audience (for example, by hosting events or working with local schools). You can also train your hiring managers to work faster and more efficiently.
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