TTF stands for Time To Fill. Time To Fill (TTF) is another HR metric similar to Time To Hire(TTH). The Time to Fill the difference between the date of the opening up of a job position and the date of an employee joining the company.
There is a thin line between TTH and TTF. TTH is the difference between the date of a job opening up and the candidate signing the contract whereas TTF is the difference between the date of a job opening up and the candidate joining the organization.
Usually, the time of accepting the offer and joining the organization is different. This is due to the time limit to leave the previous organization, relocation to a new city or personal commitments of the candidate.
Industries recruiting freshers or non-committed candidates have low Time To Fill (TTF). Generally, the case is the opposite when you are recruiting an experienced candidate or the best candidate in the industry.
The formula to calculate the Time To Fill is as follows:
Date of Candidate Joining the Company – Date of a job post opening up
Usually, in big and medium-sized companies, there are multiple job openings at a particular time. Thus it will be calculated in the following way:
Click here to Download Time To Fill Calculator in Excel
Hiring candidates for the job openings is a bit of complicated, competitive and a continuous task. There are a few ways to reduce Time to Fill:
You can find definitions of other HR related terms in our HR Glossary Section like Full-TIme Equivalent (FTE), Revenue Per Employee (RPE), Employee Retention etc.
You can also download other useful HR templates like Revenue Per Employee Calculator, Monthly Attrition Report, Cost Per Hire Calculator, Employee Resignation Schedule and many more from our website.
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