Time to Hire
The number of days between a candidate entering the recruitment pipeline and accepting a job offer. A key recruiting efficiency metric, distinct from time-to-fill (which measures from job opening to accepted offer). Long time-to-hire increases candidate drop-off and cost.
Related terms
Cost Per Hire
The total expenditure divided by the number of hires made in a given period. Includes advertising, r…
ATS (Applicant Tracking System)
Software that manages the end-to-end recruitment workflow - from job posting through application col…
Talent Pool
A database of candidates - both active applicants and passively sourced prospects - that a recruiter…