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Time to Fill
For staffing and recruiting businesses, the number of days from job requisition opening to a candidate's accepted offer or confirmed placement — measuring recruiting and revenue cycle efficiency.
What it shows
Time to fill directly impacts revenue velocity in staffing businesses — every unfilled day is unbillable capacity lost. Tracking it by role type, client, and recruiter identifies bottlenecks in sourcing, screening, or client decision-making processes.
Formula
Time to Fill = Date of Accepted Offer − Date Requisition Opened, averaged across all filled positions in a period. Track separately by role category, seniority level, client industry, and placement type.