Time to Hire
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.