Time to Fill refers to the duration it takes for a company to complete the recruitment process for a specific job vacancy, from the initial job posting to the candidate's acceptance of the job offer.
Example
If a company posts a job opening for a software developer on January 1st and successfully hires a candidate on February 15th, the Time to Fill for that position is 45 days. This metric is essential for HR departments to assess their recruitment efficiency and optimize their hiring processes.