It is an HRM metric that keeps track on how much time a candidate is taking in entering the hiring phase of the company. Another name of this metric is Time to Fill. It helps in identifying the work and efficiency of the HR team. With the help of analysing the gap between sourcing and acceptance of the offer letter, the HRM department can identify the time to hire.
How to Calculate Measure Time to Hire?
Time to hire= Day when the candidate accepted the offer – Day when candidate entered in the pipeline
