Time to hire
Measures the number of days between the hire request approval date and the start date of the candidate as an employee.
Calculation steps:
- choose a time frame
- for each position identify the date the position request was approved
- for each position identify the date the candidate starts as an employee
- identify the number of days between the two dates
- average the number of days
Time to hire = start date – hire request approval date
Relevant dimensions: overall company, company levels, managerial and individual contributors, functional area, key jobs, department, job profile.
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