HiBob

DECEMBER 8, 2022

Time-to-hire and time-to-fill refer to two areas of recruitment and retention that are within your control. This can help improve the candidate experience—and ensure you’re able to hire the talent you want within a reasonable timeframe. How to measure time-to-fill and time-to-hire.

Hiring Software 148

Hiring Software Hiring Metrics Benchmarking 148

AIHR

JULY 20, 2020

Time to hire is one of the best-known recruiting metrics. In this article, we will explain what time to hire is and how it differs from time to fill. We will also list time to hire benchmarks, explain how it can be measured, and end with the five most effective ways to reduce time to hire.

Hiring Software 127

Hiring Software Hiring Metrics Recruiting Software 127

EmployeeConnect

APRIL 30, 2024

Such prolonged time-to-hire periods signify a considerable investment of resources by organisations in securing fresh talent. Efforts to truncate time-to-hire are paramount for enterprises striving to swiftly acquire top-tier talent. Conversely, time-to-fill offers a broader assessment of overall recruitment speed.

Talent Acquisition 130

Talent Acquisition Hiring Software Recruiting Software Talent Experience 130

AIHR

FEBRUARY 6, 2024

Enjoy steady progress: Consistent goal setting and measurement of outcomes provide you with benchmarks to track progress, assess the effectiveness of your recruitment strategies , and tackle areas for improvement. These may include time-to-hire, cost-per-hire , and application-to-interview conversion rates. The outcome?

AI Recruiting 105

AI Recruiting Video Recruiting Recruiting Software Hiring Software 105

AIHR

JULY 26, 2022

Look for team sizes and ratios benchmarks, and combine the data with your company’s growth plan. Then it’s perhaps time to hire additional staff. You may save on expenses, but it’s time-consuming and prone to errors. Review the data you have in your HRIS, ATS and your headcount reporting.

HR Planning 143

HR Planning Planning Tools HR Software Hiring Software 143

Survale HR

MAY 21, 2025

Each year, the CandE Benchmark Research Program collects case studies from CandE Winners the employers with above-average candidate experience ratings in our research. If youre interested in participating in the 2025 CandE Benchmark Research Program, you can learn more about it here. Welcome to the 2024 CandE Winner Case Study series.

Case Study 52

Case Study Benchmarking Video Recruiting Study 52

HRExecutive

JANUARY 17, 2024

Moving too quickly to hire, however, could end up costing more in the long run if an organization does not get the right talent in the door. After breaking down cross-industry benchmarking data on cycle times for hiring, we’ll review three broad areas where you can focus as you work toward an optimal cycle time for your organization.

AI Recruiting 126

AI Recruiting Hiring Software Hiring Recruiting Software 126

Peoplebox

SEPTEMBER 27, 2024

Align the timeline with the urgency of the role and the business’s operational needs, ensuring there’s enough time for thorough candidate evaluation while preventing delays. A well-thought-out recruitment plan ensures you attract top talent, reduce time-to-hire, and increase overall hiring efficiency.

AI Recruiting 52

AI Recruiting Recruiting Software Planning Tools Hiring Software 52

The HR Capitalist

FEBRUARY 17, 2015

Sure, you tried to roll out the basics time to hire, cost per hire but all that did was put the focus on your HR/Recruiting function, not the people who actually make the final hiring decision. And while I''m off on a rant, let''s be honest - sometimes we do it to ourselves, right? heck, everyone''s bored.

Metrics 68

Metrics Recruitment Talent Acquisition Benchmarking 68

Recruiters Lineup

MARCH 17, 2023

These tools can help you streamline your recruitment process, improve candidate engagement, and ultimately, reduce your time-to-hire. This involves tracking your KPIs, such as time-to-fill, cost-per-hire, and quality-of-hire metrics, and comparing them to your benchmarks.

Hiring Software 105

Hiring Software Recruiting Software Staffing Software Planning Tools 105

Business Management Daily

FEBRUARY 26, 2024

Recruiting and onboarding KPIs Now, let’s examine some KPIs related to your hiring process, such as onboarding new employees. Average time to hire It’s every HR department’s goal to fill open positions as soon as possible, which is what this KPI measures.

HR Planning 98

HR Planning HR Software Hiring Software Retention and Turnover 98

Workable

MARCH 29, 2016

This time we look in more detail at “time to hire.”. We have looked in detail at the KPI time to fill (number of days between publishing a job and making a hire) which is the critical metric for realistic business planning. Recruiting KPI #2: Time To Hire. Benchmarking time to hire.

Recruiting Software 90

Recruiting Software Recruitment Hiring Software Hiring 90

Cisive

OCTOBER 15, 2019

Additionally, forecasting and benchmarking important strategic metrics like time-to-fill allows you to build your recruitment marketing strategies, which gives you time to plan creative and innovative campaigns that results in a robust talent pipeline and hiring funnel.

HR Planning 86

HR Planning Workforce Planning Planning Tools HR Software 86

Workable

JANUARY 10, 2019

So, to help you determine how effectively your company hires for tech roles, we’ve created benchmarks of key hiring metrics based on anonymized data from millions of candidates processed in our system. Our system is designed to measure time to fill by default. Time to fill. Time to hire.

Benchmarking 104

Benchmarking Metrics Hiring Software Hiring 104

LiveHire

NOVEMBER 30, 2021

How can you leverage Direct Sourcing to reduce your time-to-hire for contingent staff? Having a fast time-to-hire for contingent labor is not a cherry on top, it’s a prerequisite to remaining competitive in the private sector and delivering effective customer service in the public sector. Rapid communication.

HR Software 95

HR Software Hiring Software Staffing Software Recruiting Software 95

Insperity

JANUARY 7, 2025

Metrics like turnover rates, employee engagement scores, and time-to-hire can offer valuable insights for continuous improvement. Heres how to measure it: Define specific KPIs: Establish measurable goals, such as increasing employee retention by 10% or reducing time-to-hire for critical roles.

HR Software 95

HR Software Hiring Software HR Planning Assessment Software 95

Extensis

JANUARY 17, 2024

According to the Society for Human Resource Management’s (SHRM) new benchmark research , the average cost of recruitment is nearly $4,700 per hire. 10 ways to reduce time to hire Ideally, candidates immediately accept an offer. Are you looking to reduce your time to hire and secure the best talent for your organization?

AI Recruiting 109

AI Recruiting Hiring Software Background screening Hiring 109

HR Digest

DECEMBER 31, 2024

Companies Getting It Right Several companies have set benchmarks for delivering exceptional candidate experiences. The company prioritizes transparency and communication by providing candidates with a clear roadmap of the hiring process, including the types of interviews theyll face and how to prepare. Take Airbnb , for example.

Hiring Software 111

Hiring Software Interview Software Recruiting Software AI Recruiting 111

Sterling Check

SEPTEMBER 23, 2022

Over 1,200 HR professionals and more than 3,700 recent job seekers across multiple regions and industries participated in the survey, published in July 2022: Hiring Reimagined: Sterling’s 2022 Benchmark Report Provides Optimistic Outlook for HR Professionals. The Time to Invest in Technology is Now.

Hiring Software 83

Hiring Software Staffing Software HR Software Planning Tools 83

Acendre

MAY 19, 2023

For this reason, a lack of ability to streamline and benchmark recruiting efforts against goals is a common challenge without the right tools. Uncovering cracks and gaps Fact: You can’t paper over cracks and plug gaps in your recruitment process when you don’t know if and / or where they exist.

Talent Acquisition 52

Talent Acquisition Recruiting Software Hiring Software Recruitment 52

HRExecutive

NOVEMBER 18, 2024

Poor new hire retention can be a warning sign for these measures Poor or declining new hire retention can be a red flag indicator that there may be deeper issues related to your organization’s overall employment deal, organizational culture, and management or leadership capabilities. Benchmark total rewards against talent competitors.

Retention and Turnover 122

Retention and Turnover Hiring Onboarding Data 122

AIHR

OCTOBER 20, 2023

What to include in the report An effective recruitment report should include the following: Recruitment metrics: Detailed data on recruitment metrics and key performance indicators (KPIs) in a given period, such as the number of job openings, time to hire , cost per hire , and quality of hire.

Report 96

Report HR Planning HR Software Hiring Software 96

Pingboard

JULY 7, 2021

Human Resources metrics (which we’ll refer to as “HR metrics”) are benchmarks that allow you to measure how well your HR initiatives are performing and how they contribute to the overall success of your organization. Time To Hire. Time to hire is the average number of days it takes to fill an open position.

Metrics 52

Metrics Hiring Software HR Software HR Planning 52

HR Lineup

OCTOBER 27, 2024

Competitive Benchmarking: Compare your company’s hiring metrics against competitors. It focuses on enhancing collaboration between hiring teams and delivering insights to refine hiring strategies. Key Features: Advanced Pipeline Insights: Get a real-time view of your talent pipeline’s progress.

AI Recruiting 97

AI Recruiting Recruiting Software Hiring Software Interview Software 97

Hireology

NOVEMBER 24, 2020

Applicant to hire conversion rate. What is the average number of applicants needed to make one hire? Time to hire. How long does it take you to move an applicant through your hiring process from the moment that they apply to the moment that you hire them? Cost per hire. Labor costs.

Recruiting Software 92

Recruiting Software Hiring Software Aptitude Tests Assessment Software 92

HRExecutive

SEPTEMBER 18, 2024

Cost-per-hire is the sum of all these costs, divided by the number of employees hired over a 12-month period. Organizations at the median of our benchmarking data spend $3,448 per hire.

AI Recruiting 124

AI Recruiting Hiring Software HR Software Recruiting Software 124

Precheck

DECEMBER 16, 2019

Additionally, forecasting and benchmarking important strategic metrics like time-to-fill allows you to build your recruitment marketing strategies, which gives you time to plan creative and innovative campaigns that results in a robust talent pipeline and hiring funnel.

HR Planning 59

HR Planning Workforce Planning Planning Tools HR Software 59

Peoplebox

MARCH 12, 2025

Key question: “Beyond standard metrics, what unique insights can your platform provide about our recruitment effectiveness compared to industry benchmarks?” Verify that insights can be easily shared with stakeholders. How can I measure ROI from cloud recruitment software?

Bullhorn 40

Bullhorn Video Recruiting Recruiting Software HR Software 40

15Five

MAY 19, 2023

Time-to-hire Time-to-hire refers to the amount of time between when a candidate is sourced and when they accept an offer from your company. This is slightly different from time-to-fill, which refers to the time it takes to hire from the date a new job opening is published.) Let’s change that.

HR Planning 264

HR Planning Metrics HR Software Hiring Software 264

Gem Blog

JULY 25, 2022

Gem's 2022 data shows that women pass through the hiring funnel 5 days faster than men do, while Black and Hispanic/Latinx talent are hired 6 days faster than White talent is. We asked four talent leaders to respond to this trend.

Benchmarking 52

Benchmarking Hiring Diversity Trends 52

Peoplebox

FEBRUARY 28, 2025

Offers compensation insights for real-time salary benchmarks. Provides analytics to track time-to-hire and optimize recruitment strategies 18. Engages remote team members with AI-driven candidate interactions. Enables voice commands for hands-free task management. Why Choose It?

Video Recruiting 59

Video Recruiting AI Recruiting Recruiting Software HR Software 59

AIHR

JANUARY 31, 2025

For example, the lead time is measured as the time to hire in days. In the previous example, some key deliverables included a decrease in lead time and a high ranking in the top employer benchmarks. Processes: Optimizing communication between recruiters and managers will decrease lead time.

HR Software 98

HR Software Hiring Software HR Planning Video Recruiting 98

Business Management Daily

JANUARY 2, 2020

That means if candidates encounter just one bad experience with your recruiting/hiring process, they’ll be quick to give you the “thank you, next” treatment. Use these points to benchmark your own process: 1. The Jobvite Benchmarking survey says the average time-to-hire after an interview is 38 days.

Benchmarking 64

Benchmarking Jobvite Hiring Bonuses and Incentives 64

Cognisess

APRIL 13, 2023

By identifying key employee attributes by retail store, DFS built a benchmark model, against which new candidates are measured in real time. Overall hiring costs and time to hire significantly reduced.

Hiring 52

Hiring Planning Tools Case Study Benchmarking 52

Oracle HCM - Modern HR in the Cloud

MARCH 15, 2019

The Oracle Value Realization Program regularly works with customers to understand the value of their implementations and then benchmark against their results. 68% faster payroll processing - An Oracle customer reduced time to run payroll from 4 days to 4 hours with Oracle HCM Cloud. Schedule a One-Hour Interview at the Empower Lounge.

Oracle 75

Oracle Benchmarking Report Hiring Software 75

HR Lineup

DECEMBER 20, 2024

Data-Driven Decision Making AI transforms executive search into a data-driven process by offering: Predictive Insights: AI predicts candidates long-term performance and retention rates by analyzing historical hiring data and industry trends. Enhancing collaboration between recruiters and hiring managers through AI-driven platforms.

AI Recruiting 97

AI Recruiting Hiring Software Assessment Software Recruiting Software 97

HR Lineup

JULY 15, 2024

This reduces delays and ensures that no critical steps are missed, speeding up the time-to-hire. Cost Savings Reduced Hiring Costs: By streamlining processes and reducing the time-to-hire, an ATS can significantly lower recruitment costs.

Hiring Software 98

Hiring Software AI Recruiting Recruiting Software Interview Software 98