time to hire

Time to hire is a common recruiting metric. It measures the number of days between a candidate applying for a job and that same candidate accepting a job offer. This means that time to hire provides information about two important recruiting processes.

• Recruiting efficiency. The time to hire metric measures the speed at which a candidate is processed, assessed, interviewed, and accepted for a job. A long time to hire indicates a slow and inefficient process with unnecessary bottlenecks.
• Candidate experience. The time to hire metric is also an indicator of candidate experience. If you were a candidate and could choose, you would prefer a time to hire of two weeks rather than two months. A faster time to hire will lead to a better candidate experience.