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Time to hire measures how long your recruitment process takes from a candidate’s perspective. It tracks the duration between when a candidate enters your pipeline (either by applying or being sourced) to when they accept your job offer.
For example, if a candidate applies on May 1st and accepts your offer on May 30th, your time to hire for that position is 29 days. This calculation remains the same regardless of how long the job was open before they apply or how long after acceptance they actually start work.
Unlike other recruiting metrics that focus on the position itself, time to hire zeroes in on the candidate’s journey through your hiring process.
The benefits of tracking time to hire
Tracking your time to hire opens a window into how effectively your recruitment process works. You might think you’re moving candidates through your pipeline quickly, but you can’t know for sure without measuring it.
Tracking your time to hire helps you:
Time to hire is the second most commonly tracked recruiting metric (42% of organizations), just behind quality of hire (46%). This prevalence highlights the value recruiters place on understanding their internal recruitment efficiency.
Benefits of reducing your time to hire
Reducing your time to hire delivers significant advantages that directly impact your bottom line and recruitment success:
How to improve time to hire
Given the benefits of a shorter time to hire, it’s no surprise that nearly a third of hiring teams are actively working to improve it.
Improving your time to hire requires a strategic approach focused on removing friction from your recruitment process. Implementing these improvements doesn’t necessarily require significant resources — just thoughtful analysis and targeted adjustments.
Here are proven tactics to streamline your hiring timeline:
Difference between time to hire and time to fill
Understanding the distinction between time to hire and time to fill helps you target your recruitment improvements more effectively. Though these metrics sound similar, they measure different aspects of your hiring process and provide distinct insights for small businesses.
Time to hire focuses on the candidate’s journey through your recruitment pipeline. It starts when a candidate enters your process and ends when they accept your offer. This metric reflects how efficiently you move candidates from application to offer acceptance.
In contrast, time to fill measures the entire lifecycle of the open position. It begins when a job requisition is created or approved and ends when a candidate accepts an offer. Time to fill includes the time spent sourcing candidates before anyone applies, making it a broader measure of your overall recruitment efficiency.
For example, imagine you open a position on January 1st. After three weeks of advertising, a promising candidate applies on January 22nd. You interview them and extend an offer, which they accept on February 5th. In this scenario, your time to fill is 35 days (January 1st to February 5th), while your time to hire is just 14 days (January 22nd to February 5th).
Time to fill provides insight into your ability to attract qualified candidates and the effectiveness of your sourcing strategies. A long time to fill might indicate that your job descriptions aren’t appealing to the right candidates, your compensation isn’t competitive, or your sourcing channels aren’t reaching your target talent pool.
Time to hire, on the other hand, reveals how efficiently you evaluate and process candidates once they enter your pipeline. A lengthy time to hire suggests internal bottlenecks in your interview process, decision-making protocols, or offer approval procedures.
Both metrics provide valuable information, but they serve different purposes. Time to fill helps you understand your position in the talent market and the effectiveness of your employer brand. Time to hire helps you identify internal process improvements that could make your recruitment more efficient.
Some organizations also track a third related metric: time to start. This measures the period from job requisition to the candidate’s first day of work, including any notice period they need to give their current employer. For workforce planning purposes, especially in roles with specialized skills, time to start provides the most complete picture of how long positions remain effectively vacant.
The role of an applicant tracking system in reducing time to hire
An applicant tracking system (ATS) can transform how you manage and improve your time to hire. For organizations that have been tracking recruitment metrics manually or not at all, implementing an ATS represents a significant step toward more efficient hiring practices.
Here’s how an ATS can streamline your recruitment process:
Final thoughts on time to hire
Time to hire stands as a pivotal metric for organizations looking to optimize their recruitment processes. By understanding, tracking, and actively working to improve this measurement, you gain a significant competitive advantage in securing top talent efficiently and cost-effectively.
The insights you gather from monitoring your time to hire illuminate opportunities for improvement throughout your recruitment pipeline. Whether you discover that interview scheduling creates unnecessary delays or that your decision-making process needs streamlining, these revelations guide targeted enhancements that produce tangible results.
As you implement the strategies to reduce time to hire, remember that improvement is typically incremental. Focus on addressing one bottleneck at a time, measure the results, and then move on to the next opportunity. This methodical approach builds steady momentum toward a more efficient recruitment process.
Consider that your time to hire doesn’t just impact operational metrics — it shapes how candidates experience your organization. In a marketplace where talent has options, providing a smooth, efficient hiring process differentiates your organization as a responsive, professional employer of choice.
Ultimately, your goal should be to create a hiring process that respects everyone’s time — yours, your team’s, and your candidates’. By focusing on time to hire as a key performance indicator, you align your recruitment practices with this principle, creating value for all stakeholders while strengthening your business’s ability to attract and secure the talent you need to thrive.