As a job seeker, do you ever look at the date a position is posted?
If not, you should.
Time to fill is a KPI (Key performance indicator) for recruiters and organizations that essentially measures the number of days between the publication of a job and getting an offer accepted. As my post yesterday suggested, the average time to fill for new graduate roles is approximately 43 days.
Typically, when a position gets posted, the recruiter spends the first 2-4 weeks publicizing the job and screening candidates. The next 3-5 weeks are spent interviewing candidates and the final 6-7 weeks the recruiter checks references, performs a background check and administers any assessments before making an offer.
43 days is AVERAGE for a new graduate hire.
For harder to fill or managerial positions, that number can be significantly higher. Why does this number matter? – if you are being rejected from positions, consider the timing of your application. If you applied 37 days after the position posted, it’s likely they are well into the interview process. – If the org is still actively recruiting after the average time to fill KPI, as a candidate you may want to question if the organization is being unrealistic or if their are internal red flags.
Would love to hear your thoughts.