This measure calculates the number of days elapsed between the moment a candidate accepts a job offer and when that employee starts working in the agreed position, including time for orientation and initial setup. It is part of a set of Cycle Time measures that help companies analyze the duration of the process "manage new hire/re-hire" from beginning to end.
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Cycle time in days from job offer acceptance until new hire begins in the agreed position, including time for orientation and initial set-up
Cycle time is the total time from the beginning of the process to the end. This includes both time spent actually performing the process and time spent waiting to move forward.
The metric value which represents the 50th percentile of a peer group. This could also be communicated as the metric value where half of the peer group sample shows lower performance than the expressed metric value or half of the peer group sample shows higher performance than the expressed metric value.