Time to Fill

Benchmarking Report

Time to Fill

This PDF report includes benchmarking data (in a visual, chart-based format), an comprehensive KPI definition, characteristics of high performers and technical details on measuring Time to Fill. Purchase and download this easy-to-understand, presentation-ready report immediately to compare performance levels, set attainable performance targets, and push towards best-in-class performance for this KPI.

What is Time to Fill?

The average amount of time (measured in days) elapsed between the time that an open job requisition is approved for posting and the time that the candidate accepts the offer to fill the open requisition during the measurement period.

Why should Time to Fill be measured?

Time to Fill is a common HR metric, or KPI, that measures the average number of days required by the company to fill an open job position, or requisition. As expected, a low value is sought after for this KPI. A relatively low Time to Fill both reduces overall hiring costs, and can ensure that proper organizational capacity, work quality and service levels are maintained for various departmental areas within the organization. A high Time to Fill is typically associated with inefficient, and potentially ineffective recruiting and hiring processes: ineffective user of job advertising channels, poorly-written job requisitions, non-productive recruiting staff members (and/or third-party recruiters), and cumbersome recruiting processes may all contribute to a higher than desired average Time to Fill. Sub-par pay (as compared to the average market rates) may also negatively impact Time to Fill. Time to Fill should be analyzed alongside other vital HR metrics, including Turnover Rate, Open Requisitions per Recruiter, and Cost per Hire.

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Frequently Asked Questions

Q: How do you collect and validate your data?

A: From real-world consulting engagements with Fortune 500 leaders. We’ve spent 25 years conducting original research and anonymizing data from our engagements with top companies around the world. Every single data point we collect is scrutinized by our analysts to conform to established baselines and our rigorous in-house validation process. We won’t serve it up to you unless it meets our tough standards for utility and value.

Q: How much information will my Benchmarking Report contain?

A: Enough to produce a useful benchmark. And rest assured that it’s all current, validated, and useful. We only include data that’s been collected in the last five years. And while sample sizes vary by KPI, the average is 25, and the high end can surpass 1,000.

Q: How often do you update your reports?

A: Every year. We’re constantly gathering, scouring, and processing new data. We update our reports based on trends our analysts detect in the data, as well as the demand from our consulting clients and customers like you.

Q: Your download-able reports look great. But I need something custom. Can you help?

A: Heck yes. Our crack research teams just love custom assignments, and would be delighted to perform targeted research tailored to your specific requirements. Find out just how fast and affordable this is: Email us (info@opsdog.com) or call us at 866.650.2888 and one of our friendly professionals will be happy to answer all your questions.

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