Time to Hire is one of the key HR metrics that measures how quickly a candidate moves through the recruitment funnel: from the first contact (or application) to accepting a job offer.
This metric shows how quickly your hiring team works and how efficiently the selection process is structured.
Confusion between these two terms is one of the most common mistakes in recruitment analytics. The main difference lies in the starting point.
The day when the candidate applied or the recruiter first contacted them
The day when the candidate accepted the offer
The efficiency of the selection funnel and the speed of decision-making
The day when the job opening was officially opened/approved
The overall speed of filling a position for the business
Example: The position was opened on June 1. The recruiter found a suitable candidate and contacted them on June 10. The candidate accepted the offer on June 20.
To calculate Time to Hire for a specific job opening, use this simple formula:
Time to Hire = Offer Acceptance Date – First Contact Date
Add the Time to Hire figures for all positions filled during a specific period (for example, a quarter). Divide the resulting sum by the total number of positions filled.
Formula:
Average Time to Hire = Sum of Time to Hire for All Positions / Number of Positions Filled
There is no universal figure — everything depends on the industry, position level, and the scarcity of specialists in the market. However, there are average benchmarks:
Don’t waste time calculating metrics manually in spreadsheets. PersiaHR automatically tracks candidate movement through the hiring funnel and provides clear analytics: you can immediately see exactly where delays occur and how your team is performing.
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