Finance

Study reveals response time critical to hiring success

New analysis of 11.7 million freelance transactions shows that delaying a reply to a recruiter by just one hour reduces hiring probability by 46 per cent, while a 24-hour delay cuts chances by 90 per cent.

Editorial persona
Owen Mercer
Markets and Finance Editor
Published
Draft
Source: Yahoo Finance · View original source
A 1-hour delay replying to a recruiter cuts your hiring chances by half. Here's why
Einav Hart research highlights speed as key indicator of reliability for employers

Research published in the journal Management Science indicates that the speed at which a candidate responds to a recruiter is a decisive factor in securing employment. The study, led by Einav Hart of George Mason University, analysed 11.7 million transactions on the freelance platform Fiverr and conducted experiments with over 8,600 participants to determine how response times influence hiring outcomes.

Data from the study shows that delaying a reply by one hour reduces the probability of being hired by 46 per cent, while a 24-hour delay cuts chances by 90 per cent. Even delays of five to 10 minutes were found to sharply reduce a freelancer’s chances of landing a gig. This pattern held true regardless of the job type, the size of the contract, or the freelancer’s existing track record on the platform.

To understand the drivers behind these statistics, researchers conducted eight separate experiments involving more than 8,600 participants acting as employers. The controlled tests revealed that slow responses did not necessarily result in the candidate losing out to a faster competitor. Instead, employers interpreted quick replies as indicators of friendliness, capability, and reliability, regardless of whether the employer had contacted other candidates.

The findings suggest that speed serves as a proxy for character and future performance. Participants judged quick responders as more capable and expected them to remain reachable and responsive to needs. This perception persisted across various scenarios, including specialized work such as catering and medical care, where timely communication is often viewed as essential.

While the research focused on contract work, Hart expects the findings to apply to full-time employment as well. The study also noted that automated replies negate the advantage of speed, with participants viewing bot-generated responses as revealing nothing about the human candidate. Conversely, personalised messages can mitigate the negative impact of late responses, suggesting that genuine engagement is as valuable as immediate availability.

Continue reading

More from Finance

Read next: Musk’s robot forecast implies a sharp break from global growth expectations
Read next: Russia reportedly strikes Ukrainian rail route after senior officials pass
Read next: Navan to acquire BoomPop in push into enterprise meetings and events