How is Time to Hire calculated?

Time to Hire is a critical metric in talent acquisition that measures the efficiency of the hiring process. The correct method to calculate Time to Hire is by taking the day the candidate accepted the job offer and subtracting the day the candidate entered the hiring process. This calculation focuses on the time taken from when the candidate officially enters consideration for the position to when they accept the offer, giving a clear view of how long the hiring decision takes once a candidate is actively being evaluated.

This method accurately reflects the hiring timeline and can help organizations analyze bottlenecks in their recruitment strategies. By focusing on the time between these two key events, businesses can identify areas for improvement in their recruiting and decision-making processes.

The other choices involve different stages of the recruitment process, such as the job posting or the interviewing phase, which do not align with a standard calculation of Time to Hire. These options would either extend the time frame unnecessarily or misrepresent the stages involved in transitioning from a candidate being considered to them accepting the offer.