In agency recruitment, time is money. Every day a role remains unfilled, clients lose productivity, and you lose the chance to close the deal. That’s why tracking recruitment metrics is crucial, especially two core ones: Time to Hire and Time to Fill.
Although these terms are sometimes used interchangeably, they measure different parts of the recruitment process. And if you’re not measuring both, you might be missing critical insights into where delays – and opportunities – really lie.
In this article, we’ll explain exactly what Time to Hire and Time to Fill mean, how to calculate them (including in Excel), what benchmarks to aim for, and when to report on each.
There’s also a template at the bottom of this article that you can download to help you with the calculations.
Contents
- What is ‘Time to Hire’ in recruitment?
- What is ‘Time to Fill’ in recruitment?
- What is the standard Time to Hire
- What is the standard Time to Fill
- Time to Fill vs Time to Hire formula
What is ‘Time to Hire’ in recruitment?
‘Time to Hire’ refers to the number of days between a candidate entering the recruitment pipeline and accepting a job offer. It reflects how quickly you can get the candidate through the qualification, submission, interview, and offer process.
Why it matters:
- It reflects how efficiently you’re taking your candidates through the recruitment process.
- It helps you spot delays in client feedback, offer approvals, or interview scheduling.
- It’s a recruitment key performance indicator (KPI) you can report on when speaking to clients or your manager.
Common uses:
- Identifying high-performing consultants or teams.
- Providing insights to clients around their hiring processes.
- Demonstrating speed and value to prospective clients.
What is the formula for Time to Hire?
Time to Hire = Date of Offer Acceptance – Date Candidate Entered Pipeline
“Entered pipeline” could mean:
- Date of application (if they’ve applied via a job ad)
- Date the candidate was first contacted or sourced
- Date CV was submitted to the consultant
It doesn’t matter which of these you use but be consistent in how you define it when you’re reporting.
Time to Hire formula in Excel
You can track Time to Hire in a simple spreadsheet using the DATEDIF function:
=DATEDIF(Date_Sourced, Date_Offer_Accepted, “D”)
Top tips:
- Set up your spreadsheet with four columns: “Candidate Name”, “Date Sourced”, “Date Offer Accepted”, and “Time to Hire”
- Set yourself a target for your Average Time to Hire
- Add conditional formatting to flag any roles taking longer than the target you’ve set
What is ‘Time to Fill’ in recruitment?
Time to Fill is the number of days from when a job is given to you to when a candidate accepts an offer.
Why it matters:
- It measures the full recruitment cycle, from client brief to offer acceptance.
- It affects your income directly because faster fills = quicker commission.
- It reflects how responsive clients are and how quickly you fill roles.
Common uses:
- Reviewing account performance and pipeline bottlenecks.
- Supporting retainer vs contingency decisions with data.
- Showing clients how delays on their side impact hiring timelines.
What is the formula for Time to Fill?
Time to Fill = Date of Offer Acceptance – Date Role Was Briefed
Use the date you received the brief or instruction to work on the role from the client.
Time to Fill formula in Excel
You can track Time to Fill in a simple spreadsheet using the DATEDIF function:
=DATEDIF(Date_Job_Briefed, Date_Offer_Accepted, “D”)
Top tips:
- Set up your spreadsheet with four columns: “Candidate Name”, “Date Job Briefed”, “Date Offer Accepted”, and “Time to Fill”
- Set yourself a target for your Average Time to Fill
- Add conditional formatting to flag any roles taking longer than the target you’ve set
What is the standard Time to Hire?
There’s no fixed “ideal” Time to Hire in agency recruitment, but knowing the benchmarks helps you identify where your process could speed up – or where delays could be hurting your KPIs.
Factors influencing Time to Hire:
- Role complexity or seniority
- Client responsiveness
- Candidate market competitiveness
- Number of stages in the interview process
Average Time to Hire in the UK
UK average: 34 days
According to a survey of 497 UK recruitment professionals by StandOut CV, the average time to hire is 4.9 weeks (approximately 34 days).
In agency settings, this can be shorter due to pre-qualified pipelines—but only if clients move fast.
What is the standard Time to Fill?
Time to Fill is often longer than Time to Hire because it includes the client-side delay between opening a vacancy and moving forward with candidates.
It’s also an important figure to track in client performance reviews.
Average Time to Fill in the UK
UK average: 42 days
According to a survey by HireVue, the average Time to Fill for roles in the UK is 42 days.
Some senior or niche roles can take up to 60+ days—especially if there’s indecision or slow internal processes.
Time to Fill vs Time to Hire: What’s the Difference?
Metric | Start Point | End Point | Focus | Used For |
Time to Hire | When candidate enters pipeline | Offer acceptance | Measures hiring team efficiency | Recruiter/team efficiency |
Time to Fill | When job is approved/opened | Offer acceptance | Measures overall vacancy period | Client-side performance and planning |
Why both matter:
- Time to Hire shows how well you’re managing candidates.
- Time to Fill shows how client behaviour and decision-making affect outcomes.
Watch out for: reporting only one metric can skew your performance data. For example, a long Time to Fill could reflect client delay rather than not recruiter inefficiency.
In a fast-paced recruitment agency, knowing your numbers matters. Time to Hire and Time to Fill offer insights into both internal delivery and external client performance.
Key takeaways:
- Time to Hire = candidate sourced to offer accepted
- Time to Fill = job briefed to offer accepted
- Use both metrics to diagnose problems, report to clients, and refine your process
- Excel or your CRM can help you track and visualise trends
- Benchmarks vary—know yours and use them to stand out
Download the template
Download – Time to Hire & Time to Fill
Download a template to help you calculate Time to Hire and Time to Fill.