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The New Dictionary of Hiring

Absence Burn

/AB-SUHNS BURN/
  NOUN

Absence Burn is the rate at which a missing capability costs the business value, measured per week or month.

MEANING

Some open jobs are an inconvenience. Others are quietly burning $100,000 a month. Treating them as equivalent because they both have an ATS record isn't prioritization.

‍

Estimate what the missing capability costs each week. Once the meter is running, “Let's look for another month” has a price attached. Cost of Absence tells you the total exposure; Absence Burn tells you how fast it's accumulating.

Defined by:
James Ellis,
Employer Brand Labs
Category:
Economics
The New Dictionary of Hiring card: Absence Burn, noun. The rate at which a missing capability costs the business value, measured per week or month. Abstract iridescent glass shape on a white background.

MAKE THE CHANGE

Instead of:
Vacancy age without economic context.
Ask:
What is this unresolved gap costing us every week?

EXAMPLE

Without a particular capability, a team loses a week's worth of productive work every month and has to pay for temporary support. The cost keeps growing while the requisition sits open.

HOW TO USE IT

Estimate the ongoing weekly or monthly cost of the missing capability. Put that rate next to the search timeline so a delay is treated as a financial decision rather than a calendar inconvenience.

SAY IT TO LEADERSHIP

Every month this capability is missing has a cost. We should know roughly how much we're burning before deciding another month of waiting is acceptable.

NOT TO BE CONFUSED WITH

Cost of Absence: Absence Burn is the loss as a rate, per week or month; Cost of Absence is the total.
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James Ellis
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