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Robert Half Inc. - RHI STOCK NEWS

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Robert Half Inc. (NYSE: RHI) is the world's first and largest specialized staffing firm, established in 1948. The company provides skilled professionals in a variety of fields including accounting and finance, technology, legal, creative, marketing, and administration. With more than 400 consulting and staffing locations worldwide, Robert Half offers businesses a full spectrum of specialized staffing and consulting solutions.

A pioneer in professional staffing services, Robert Half has consistently earned accolades for its performance and ethical standards. It has appeared on Fortune® magazine's 'Most Admired Companies' list every year since 1998 and on Ethisphere's 2013 list of the 'World's Most Ethical Companies'.

Robert Half's subsidiary, Protiviti®, is a global consulting and internal audit firm specializing in risk, advisory, and transaction services. Protiviti has made significant strides in addressing global issues, recently donating its 15 millionth meal through its 'i on Hunger' program. This initiative and others reflect the company's commitment to social responsibility.

Financially, Robert Half reported annual revenues of $6.393 billion for the year ending December 31, 2023. Despite facing global economic challenges, the company continues to show resilience and adaptability. Its diverse range of services, which includes temporary, permanent, and outcome-based staffing, positions it as a leader in the fragmented U.S. staffing industry.

Recent announcements include the expected release of first-quarter 2024 earnings results on April 25, 2024. The company's management will conduct a conference call to discuss earnings and future prospects, displaying transparency and proactive communication with investors.

Additionally, Robert Half's leadership has been instrumental in maintaining its industry-leading status. Executives like Robert Hosking and Keith Waddell have contributed significantly through their strategic vision and operational expertise.

Recent Achievements:

  • Named one of Fortune's 100 Best Companies to Work For®
  • Recognized as a Forbes Best Employer for Diversity
  • Honored as America's Most Responsible Companies by Newsweek
  • Donated over 150,000 meals through the 'Birdies for Meals' campaign

In summary, Robert Half Inc. stands out not only for its longevity and financial stability but also for its ethical practices and social responsibility, making it a compelling choice for investors and job seekers alike.

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Robert Half's State of U.S. Hiring Survey reveals strong hiring intentions for the first half of 2025, with 63% of companies planning to add new permanent positions, up from 52% in the previous period. The same percentage intends to increase contract professionals. Company growth (56%), new projects (48%), and employee turnover (47%) are the main drivers behind these hiring plans.

The survey highlights challenges of unfilled positions, including employee burnout (42%), delayed projects (39%), and decreased productivity (37%). To attract and retain talent, companies are implementing strategies such as developing mentorship programs (35%), hiring contractors for potential full-time roles (33%), offering paid internships (32%), and rehiring retired employees as consultants (22%).

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Robert Half (NYSE: RHI) and its subsidiary Protiviti have been recognized as one of America's Most Responsible Companies 2025 by Newsweek. The evaluation considered ESG pillars (environment, social, and governance) and was based on reporting transparency and a survey of 26,000 individuals rating corporate social responsibility efforts.

The recognition underscores Robert Half's commitment to corporate citizenship and integrity, as highlighted by CEO M. Keith Waddell. Susan Haseley, Chief ESG and Inclusion officer, emphasized the company's dedication to advancing inclusive and socially responsible initiatives globally.

The company has also received other notable recognitions, including spots on Forbes' World's Best Employers, Fortune's Best Workplaces for Women, and PEOPLE's Companies That Care. Detailed information about their initiatives is available in their 2023 ESG Report.

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Protiviti has achieved a significant milestone by securing its first patent for Automated Audit Artifact Reconciliation from the U.S. Patent and Trademark Office. The patented process significantly reduces the time required to test for unauthorized access in SOX and operational risk assessments, completing tasks in minutes instead of days.

The innovation uses fuzzy matching algorithms to identify unauthorized access from terminated users, streamlining control testing in this important area. This technology can also enhance user access reviews (UARs), traditionally a months-long process. The solution is part of Protiviti's Technology Accelerator Platform and emerged from the company's Global Patent Program launched in 2022.

The patented technology addresses a common pain point in logical access controls, which are a leading cause of SOX and operational control failures across companies of all sizes. It enables full population tests for quick issue identification while improving efficiency and effectiveness in audit processes.

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Robert Half (NYSE: RHI) has been recognized as one of Fortune's Best Workplaces for Parents 2024, highlighting its commitment to supporting working parents in the workplace. The selection was based on a comprehensive survey of over 635,000 parents at Great Place to Work® Certified companies, evaluating workplace experiences and benefits.

The company offers extensive benefits including paid parental leave, virtual healthcare, and flexible work options. In 2025, Robert Half will enhance its family planning benefits with expanded adoption assistance and resources for new mothers returning to work. The Support for Families initiative provides additional services such as backup care for children and elders, educational support, family wellness programs, and college admissions coaching.

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Protiviti executives Kim Bozzella and Frank Kurre have been named to the NACD 2024 Directorship 100™ list in the Governance Professionals and Institutions category. Additionally, advisory board member Evelyn Dilsaver was recognized in the Directors category.

Bozzella, global leader of technology consulting with nearly 35 years of experience, oversees technology solutions including Security & Privacy, Technology Strategy, Data, Advanced Analytics and AI. Kurre, with over 40 years of consulting experience, leads the firm's global board, CEO and alumni programs, having advised more than 200 boards.

The NACD list recognizes influential directors and leaders in corporate governance who demonstrate excellence through integrity, mature confidence, and informed judgment. The honorees will be celebrated at an awards gala on December 16 in New York City.

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Robert Half's Head of Data Science, Danti Chen, has been named to Staffing Industry Analysts' 2024 Global Power 150 — Women in Staffing. During her two-year tenure, Chen has led the development of the company's Data Science Innovation team, establishing its AI roadmap and launching several award-winning technologies. Notable achievements include an AI Profile Matching Engine for recruiting and AI Recommended Client (ARC) for client outreach, which won a CIO 100 award.

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Robert Half's latest research reveals major hiring challenges for small and midsize businesses (SMBs) heading into 2025. Based on a survey of 1,700+ hiring managers, the top concerns include: meeting salary expectations (cited by nearly half of respondents), finding skilled talent (over 40%), and losing candidates due to slow hiring processes. Nearly half of SMBs report higher turnover rates due to extended hiring cycles, while over 40% struggle to find candidates matching their company culture. To address these challenges, Robert Half recommends strategies including promoting company strengths beyond salary, accelerating hiring decisions, being flexible with requirements, and partnering with specialized recruiters.

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Only 8% of global executives express serious concerns about their company's ability to protect customer data over the next five years, according to a new Protiviti-Oxford University survey. Despite growing cyber threats, 76% of business leaders report very mild to no concern about data protection. The study reveals a stark contradiction: while executives show high confidence in organizational data security, with 84% believing their organization is effective in maintaining customer trust, 78% worry about their own personal data privacy.

The survey identifies key challenges in privacy compliance, including maintaining control amid emerging threats and managing conflicting privacy regimes. 74% of companies claim a positive reputation for privacy protection compared to competitors, while 77% feel confident about their employees' understanding of data security importance. Looking ahead, 75% of executives expect AI to significantly impact their data privacy strategies.

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Robert Half (NYSE: RHI) has received dual recognition from Fortune and Forbes for its workplace excellence for women in 2024. The company earned spots on Fortune's Best Workplaces for Women and Forbes' World's Top Companies for Women lists, based on comprehensive surveys involving hundreds of thousands of women globally. The recognition highlights Robert Half's commitment to fostering an inclusive workplace environment.

The company announced plans to enhance its benefits package in 2025, introducing new family planning benefits including expanded adoption assistance and resources for new mothers returning to work. Robert Half's Global Women's Employee Network (GWEN) continues to provide professional development and networking opportunities for women employees worldwide.

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Robert Half (NYSE: RHI) has announced that its board of directors has approved a quarterly cash dividend of $0.53 per share. The dividend will be distributed on December 13, 2024, to shareholders of record as of November 25, 2024.

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FAQ

What is the current stock price of Robert Half (RHI)?

The current stock price of Robert Half (RHI) is $71.32 as of December 20, 2024.

What is the market cap of Robert Half (RHI)?

The market cap of Robert Half (RHI) is approximately 7.3B.

What does Robert Half Inc. specialize in?

Robert Half Inc. specializes in providing skilled professionals in fields like accounting and finance, technology, legal, creative, marketing, and administration.

What is Protiviti?

Protiviti is a global consulting and internal audit firm, a subsidiary of Robert Half, specializing in risk, advisory, and transaction services.

What are some recent achievements of Robert Half?

Recent achievements include being named one of Fortune's 100 Best Companies to Work For®, recognized as a Forbes Best Employer for Diversity, and donating over 150,000 meals through the 'Birdies for Meals' campaign.

How many locations does Robert Half have?

Robert Half has more than 400 consulting and staffing locations worldwide.

What is the annual revenue of Robert Half?

For the year ending December 31, 2023, Robert Half reported annual revenues of $6.393 billion.

What kind of staffing solutions does Robert Half offer?

Robert Half offers temporary, permanent, and outcome-based staffing solutions.

When was Robert Half founded?

Robert Half was founded in 1948.

What accolades has Robert Half received?

Robert Half has appeared on Fortune® magazine's 'Most Admired Companies' list every year since 1998 and on Ethisphere's 2013 list of the 'World's Most Ethical Companies'.

Who are some key executives at Robert Half?

Key executives include Robert Hosking, Executive Director of the administrative and customer support practice group, and Keith Waddell, President, and CEO.

Where is Robert Half listed on the stock exchange?

Robert Half is traded on the New York Stock Exchange under the symbol RHI.

Robert Half Inc.

NYSE:RHI

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7.32B
100.12M
3.04%
97.13%
6.52%
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