Can you put a delay on a fast formula in Candidate Selection Process

Summary:

We have created a fast formula on the Candidate Selection Process to move people to rejected if they answer a certain way to pre-screening questions. However we dont want candidates to be immediately rejected but have a time line of say 1hr on this. Can you put any code or clause or anything in the formula to delay it?

The code is below

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Code Snippet (add any code snippets that support your topic, if applicable):

DEFAULT_DATA_VALUE FOR IRC_CSP_JOBAPP_PRESCREEN_RESPONSE_ANSWER_CODE is 'XY'