Definitions

Financial:

  • M2 - a broad measure of the total U.S. money supply that includes cash, checking deposits, and other deposits readily convertible to cash. Chart

Time to:

  • Time to Calibration – the total number of days between the Opening(Requisition) opening and the day the first candidate had a successful Round 1(post recruiter interview) interview. It measures how quickly a hiring team can move from opening a new role to first successful hiring manager interview.
  • Time to Fill – the total number of days from when a job requisition is opened (or when approval is given to hire) to when an offer is accepted. It measures the overall efficiency of the hiring process and is often used to assess recruiting team performance and workforce planning.
  • Time to Hire – the number of days from when a candidate enters the pipeline (typically from the date they apply or when they are sourced) to when they accept an offer. It focuses on the speed of the candidate experience and how quickly recruiters and hiring teams move qualified talent through the process.