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KPI Calculator

Time to Hire

To calculate the average time per hire, take the total number of hours or days needed to fill vacancies throughout a certain period (f.e. month) and divide by the total number of vacancies.
Time to Hire formula image
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More about Average Time to Hire

How often to calculate: monthly or quarterly.

Healthy rate: 20 days.

Time per hire is a standard recruiting factor. It measures the number of days between the date a candidate responds to a job (or a recruiter's response to a job seeker's CV in a self-search) and the date that candidate accepts the job offer. Thanks to this indicator, you can identify gaps in the recruitment process or set up a recruiter’s KPI for different vacancies.