We propose a type system to analyze the time consumed by multi-threaded imperative programs with a shared global memory, which delineates a class of safe multi-threaded programs. We demonstrate that a safe multi-threaded program runs in polynomial time if (i) it is strongly terminating wrt a non-deterministic scheduling policy or (ii) it terminates wrt a deterministic and quiet scheduling policy. As a consequence, we also characterize the set of polynomial time functions. The type system presented is based on the fundamental notion of data tiering, which is central in implicit computational complexity. It regulates the information flow in a computation. This aspect is interesting in that the type system bears a resemblance to typed based information flow analysis and notions of non-interference. As far as we know, this is the first characterization by a type system of polynomial time multi-threaded programs.