In my experience, it takes two to four weeks on average to receive a response after the last interview, but there is no standard schedule. While the average time between an interview and an offer is about three weeks, it may depend on your location and industry. The job offer is followed by a review of the applications submitted, which can be processed by an applicant tracking system and then reviewed by a hiring manager. I wish there was a magic formula for how long it takes after an interview to receive an official job offer, but the length of the process depends on several factors, from the size of the company to the type of position and internal hiring practices.
If they tell the job seeker that it will be two weeks, then the job seeker must wait at least until those two weeks pass. For college graduates, the National Association of Universities and Employers (NACE) Recruiting Benchmarks Survey reports that employers who hire new college graduates take an average of 24 days to extend a job offer after an interview. You can keep track of the deadlines of your interviews by keeping track of the stages of the interview process and using the notes function for each of your jobs marked as favorites in Teal's Job Tracker. If you know that you want to make a job offer, evaluate it quickly and send them the next step in the process.
Of course, we can't say with certainty what's going on within this company, but no job seeker should stop their search or pin their hopes on just one position until they receive a written offer from the company. If you ask how long candidates should wait for an answer and they give you a specific timeline (for example, it's tempting to put all your eggs in the same basket), but until you have a real job offer in hand, it's best to keep applying and interviewing actively. Depending on when you're looking for a job, the industry you're heading to and the skill set you bring, you may receive an offer within 24 to 48 hours or wait weeks before you hear a word. You've found a company with a job offer that you're excited about and you've already conducted several job interviews with several team members.
It's been two weeks since they told me that they were approving a job offer to send me, my question is, why is it taking so long? Aren't they being able to approve the budget when they said they did? In my opinion, making a candidate wait long periods of time to receive an offer or to communicate that someone has been selected indicates a lack of preparation, an inability to make a decision, or a poor hiring process.