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LetP = (p_start, p_end) be the period of time being analyzed withp_startthe period start time and p_endthe period end time.

Let I be the set of completed (non-cancelled) joiner process instances whose joiner start date were within P.

Let n = |I| be the number of joiner process instances in I.

Let H = h₁, h₂, h₃, …, h_n be the set of hire notification times of I.

Let S = s₁, s₂, s₃, …, s_n be the set of start times of I.

The formula for the indicator is then: y = .