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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 (RHI) has appointed Nick Cerise as its new chief marketing officer. In this role, Cerise will be responsible for driving global marketing initiatives, including digital and web marketing, data analytics, customer insights, and brand strategy. With over 20 years of global experience, Cerise brings expertise in implementing digital-first marketing strategies to drive business growth.

Prior to joining Robert Half, Cerise served as chief marketing officer and global head of revenue generation at TTEC, where his work earned him recognition as one of the '50 Influential Marketing Leaders Changing the Industry' by Comparably. The appointment aligns with Robert Half's evolution to meet changing client and job seeker needs in an increasingly digital landscape.

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Robert Half (NYSE: RHI) and its subsidiary Protiviti have been recognized as one of America's Best Large Employers 2025 by Forbes. This recognition stems from an extensive independent survey of approximately 217,000 employees at companies with 5,000+ workers in the United States.

The evaluation was based on employees' willingness to recommend their employer, considering factors such as compensation, career development, meaningful work, collegial support, and workplace flexibility. Robert Half distinguishes itself through flexible work arrangements, competitive benefits, wellness programs, and employee network groups.

The company has also maintained its position on the Fortune Most Admired Company list for 28 consecutive years and has earned recognition from Forbes as a World's Best Employer and a Best Employer for Women.

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Economic uncertainty remains the primary concern for global business leaders, according to a new survey by Protiviti and North Carolina State University's ERM Initiative. The 13th annual survey, polling 1,215 board members and C-suite executives worldwide, assessed 32 risks over near-term (2-3 years) and long-term (decade) horizons.

The top three near-term risks identified are: economic conditions including inflationary pressures, cyber threats, and talent-related challenges. Notably, resistance to change dropped from 4th place in 2023 to 17th in 2024, suggesting improved organizational resilience.

For the 2035 outlook, key concerns remain consistent: economic conditions and inflationary pressures lead macroeconomic risks, regulatory changes top strategic risks, and cyber threats dominate operational risks. The survey also highlights emerging concerns about geopolitical shifts (22% of executives), customer loyalty (22%), and supply chain issues (16%).

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Robert Half (NYSE: RHI) has announced an increase in its quarterly cash dividend. The company's board of directors has approved a raise from $0.53 to $0.59 per share, representing an 11.3% increase. The dividend will be paid on March 14, 2025, to shareholders of record as of February 25, 2025.

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Robert Half (NYSE: RHI) has been named one of Fortune's 2025 World's Most Admired Companies, marking its 28th consecutive year on the prestigious list. The company stands as the only one in its industry to achieve this long-standing recognition.

The ranking is based on a comprehensive survey of approximately 15,000 senior executives, directors and analysts who evaluate companies across nine key criteria. Companies are assessed on factors including talent attraction and retention, and innovation. The evaluation includes the 1,000 largest U.S. companies by revenue and non-U.S. companies with revenues of $10 billion or more from Fortune's Global 500 database.

President and CEO M. Keith Waddell attributed this recognition to the company's core values, positive workplace culture, and employee dedication. Robert Half's operations are guided by its fundamental principles of integrity, inclusion, innovation and commitment to success, which form the foundation of their service delivery to employees, clients, candidates and communities.

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Robert Half's latest survey reveals declining job search intentions among U.S. workers, with only 29% planning to seek new positions in early 2025, down from 35% in July 2024. The study of over 2,000 workers shows high career satisfaction levels, with 81% content in their current roles.

Key satisfaction factors include: competitive salaries with merit increases (83%), fair workloads (77%), and positive work culture (77%). Additionally, 88% feel their skills align with their jobs, and 86% maintain good work-life balance. Worker confidence remains strong, with 95% feeling confident in their abilities and 77% having learned new skills in the past year.

Gen Z (40%) and Millennial (35%) professionals show the highest likelihood of job changes. The survey also identified major hiring deterrents, including missing salary ranges (41%), vague job descriptions (36%), and high turnover (35%).

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Robert Half (NYSE: RHI) reported its Q4 2024 financial results with net income of $54 million ($0.53 per share) on revenues of $1.382 billion, compared to net income of $87 million ($0.83 per share) on revenues of $1.473 billion in Q4 2023.

For the full year 2024, the company reported net income of $252 million ($2.44 per share) on revenues of $5.796 billion, down from net income of $411 million ($3.88 per share) on revenues of $6.393 billion in 2023.

Protiviti, the company's consulting division, showed year-on-year revenue growth for the second consecutive quarter. Contract revenues maintained stability throughout Q4, remaining at early third-quarter levels for 23 consecutive weeks before the holidays. The company was recognized by Fortune as one of the World's Most Admired Companies for the 28th consecutive year.

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Protiviti, a subsidiary of Robert Half (NYSE: RHI), has announced the promotion of 22 leaders to managing director and senior director positions effective January 2025. The promotions span across various service areas including Internal Audit, Financial Advisory, Risk and Compliance, Technology Consulting, and Business Performance Improvement.

The company has elevated 20 professionals to Managing Director positions across global locations including the US, UK, Germany, Colombia, Mexico, and the Netherlands. Additionally, two professionals were promoted to Senior Director roles. Beyond these leadership appointments, Protiviti has promoted over 1,000 employees across its global operations in 25 countries.

As a global consulting firm, Protiviti serves more than 80% of Fortune 100 and nearly 80% of Fortune 500 companies, providing expertise in finance, technology, operations, data, digital, legal, HR, risk and internal audit through its network of over 90 offices worldwide. The firm has been recognized on the Fortune 100 Best Companies to Work For® list for ten consecutive years.

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Robert Half (NYSE: RHI) has announced its schedule for fourth-quarter 2024 earnings release, set for Wednesday, January 29, at approximately 4:05 p.m. EST. The company will hold a conference call at 5 p.m. EST on the same day to discuss the results.

Participants can join the call using the dial-in number 888-394-8218 (or +1-323-994-2093 for international callers) with confirmation code 2689591. It is recommended to dial in 15 minutes before the call starts. An audio replay will be available from 8 p.m. EST on January 29 and will remain accessible for 12 months via the company's website and https://www.webcasts.com/RobertHalfQ42024.

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Robert Half (NYSE: RHI) announced that two of its executives have been named to the Staffing Industry Analysts' 2025 North America Staffing 100 list. Paul F. Gentzkow, president and CEO of Talent Solutions, and Dawn Fay, operational president, were recognized for their leadership and industry contributions.

Gentzkow, who has led talent solutions at Robert Half for nearly 40 years, has expanded operations to over 300 locations worldwide across multiple continents. He has also overseen the implementation of new service lines and technology integration.

Fay, who joined in 1996, oversees permanent and contract finance and accounting, administrative, and legal practice groups in 70 offices throughout the Central United States and New York Tri-State region. She is recognized as an industry expert and frequently represents Robert Half in national media.

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FAQ

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

The current stock price of Robert Half (RHI) is $60 as of February 21, 2025.

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

The market cap of Robert Half (RHI) is approximately 6.1B.

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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6.14B
98.84M
3.04%
97.24%
7.53%
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