<ul><li>A speedy hiring process is crucial for a positive candidate experience, leading to good 'time to hire' and 'time to fill' rates.</li><li>Time to hire refers to the duration from when the requisition becomes open to the day the offer is made.</li><li>Tracking time to fill and time to hire helps organizations assess their recruitment strategies and improve performance.</li><li>A shorter time to hire and fill leads to better performance and prevents hindrances in building or selling products.</li></ul>

What is ‘time to hire,’ and why does it matter?

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