Time To Hire Calculator

Add up each stage of the hiring process to find time to hire and the slowest stage.

About Time To Hire Calculator

Each stage adds directly to elapsed time, and the slowest stage is where compression pays most. Candidate drop-out risk rises with duration because strong candidates are usually in several processes at once. The best candidates leave the market fastest, so a process two weeks slower than a competitor loses them regardless of how attractive the role is.

Formula

Time To Hire

Time to hire = sum of every stage duration from screening to acceptance

time to hire: Days from application to accepted offer
drop-out risk: Rises with elapsed time as candidates accept other offers

Worked example

With the default values below, Time To Hire Calculator returns Time to Hire of 30. Change any input above and every figure here is recalculated in your browser.

Inputs used

Application review and screeningaccepts 0–90 days: 5 days
Interview processaccepts 0–120 days: 14 days
Assessment and referencesaccepts 0–60 days: 5 days
Offer approval and acceptanceaccepts 0–60 days: 6 days
Open roles being filledminimum 1: 6

Results

Time to Hire: 30 days
Time to Hire: 4.29 weeks
Slowest Stage: Interview process
Estimated Candidate Drop-Out Risk: 33.0%
Aggregate Vacancy Days Across Open Roles: 180

Step by step

1Values used
2Time To Hire
3Time to Hire= 30 days
4Time to Hire= 4.29 weeks
5Slowest Stage= Interview process
6Estimated Candidate Drop-Out Risk= 33.0
7Aggregate Vacancy Days Across Open Roles= 180

Assumptions and limits

The result is derived only from the 5 inputs listed above. Anything not among them is not part of the calculation.
In particular, this calculator does not take inflation, tax, fees or charges or compounding frequency into account.
Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
This is an estimate for general information and not professional financial, tax or legal advice. See the full disclaimer for the limits that apply to this kind of calculator.

How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.

Frequently Asked Questions

How is Time To Hire calculated?

Time to hire = sum of every stage duration from screening to acceptance Each stage adds directly to elapsed time, and the slowest stage is where compression pays most. Candidate drop-out risk rises with duration because strong candidates are usually in several processes at once.

Why does Time To Hire matter?

The best candidates leave the market fastest, so a process two weeks slower than a competitor loses them regardless of how attractive the role is.

What values do I need to enter?

This calculator takes 5 inputs: Application review and screening, Interview process, Assessment and references, Offer approval and acceptance, Open roles being filled. The pre-filled defaults are a realistic starting point — replace them with figures from your own environment for a result you can act on.