The speed of the business world can be amazing...except, maybe, during the hiring process.

Answer: 24 business days

Questions:

• If you’ve already experienced going from job interview to job offer, how long did it take?
• Why do you think it can take so long for companies to finally offer a job to a candidate?
• As a job seeker, what are some pros and cons of this process typically taking 20-40 days?

Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the numbers (Indeed):

"Research has shown that the average time it takes for people to receive feedback after an interview varies:

• 44% get feedback from the employer within a few weeks of applying
• 37% get feedback within one week of applying
• Less than 4% get feedback within a day

The average response time after an interview is 24 business days, but it varies between industries. Some types of companies, such as electronics and manufacturing, may make an offer to the successful candidate in less than 16 days after an interview. Other industries, such as engineering, could take up to 30 days to make an offer. The hospitality and recreational industry takes even longer at 39.5 days. The government usually makes an offer after 38 days."

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About the Author

Ryan Wood

Ryan is the Partnerships and Adoption Manager for Next Gen Personal Finance’s midwest region. He brings his experience as a former teacher, curriculum designer, and sales and marketing professional to state organizations and school districts in supporting the implementation of their personal financial education efforts. He graduated from the University of Wisconsin-Green Bay and earned his teaching credential from Saint Mary’s University in Winona, Minnesota. He proudly taught at two rural high schools in Wisconsin before transitioning to curriculum design at NGPF, and is now excited to be on the front lines in delivering the best possible financial education in the midwest. He and his wife have three beautiful daughters, each of which inspire him to share the impact of being sound financial stewards both at home and as lifelong learners.

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