Time to Hire is a key performance metric in the field of human resources that measures the duration it takes for an organization to complete the recruitment process for a new employee, from the initial job posting to the candidate's acceptance of the job offer.

Example
If a company posts a job opening and it takes 45 days from the posting date to the candidate's offer acceptance, the Time to Hire for that position is 45 days. This metric is essential for evaluating the efficiency of a company's recruitment process and identifying areas for improvement.