Robert Half Inc. - RHI STOCK NEWS

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.

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.

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.

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.

Robert Half's mobile app has been awarded five w3 Awards in 2024, including gold recognition for user experience and interface excellence. The app, which has been North America's leading job search platform since 2019, was also recognized for visual design, recruitment sites, and mobile app best practices.

The app provides job seekers with features including instant interview scheduling, one-tap job applications, and application status tracking. Users can create accounts by uploading their resumes and receive direct interview requests. This marks the third consecutive year the app has been honored by the Academy of Interactive and Visual Arts (AIVA), which oversees the w3 awards judging process.

AuditBoard and Protiviti announced new joint capabilities at Audit & Beyond conference to enhance audit lifecycle management. The collaboration includes four key offerings: Analytics Accelerators for continuous risk monitoring and automated control testing; Custom GRC Connectors integrating systems like Archer and ServiceNow; Global Internal Audit Standards Gap Assessment tools; and KnowledgeLeader integration providing advanced training resources. These solutions aim to improve data insights, efficiency, and transparency in audit processes by combining AuditBoard's cloud platform with Protiviti's consulting expertise.

AuditBoard and Protiviti announced an expansion of their technology alliance, introducing new joint capabilities at the Audit & Beyond Conference. The partnership combines AuditBoard's cloud-based platform with Protiviti's consulting expertise to enhance audit lifecycle management. Key features include Analytics Accelerators for continuous risk monitoring, Custom GRC Connectors for system integration, Global Internal Audit Standards Gap Assessment tools, and access to Protiviti's KnowledgeLeader within the AuditBoard platform. These solutions aim to improve data insights, efficiency, and transparency in audit processes.

Robert Half Inc. (NYSE: RHI) reported third-quarter financial results for the period ended September 30, 2024. The company's net income was $65 million, or $0.64 per share, on revenues of $1.465 billion. This represents a decrease from the same period in 2023, which saw net income of $96 million, or $0.90 per share, on revenues of $1.564 billion.

Despite the overall decline, Protiviti, a Robert Half subsidiary, showed strong performance with sequential and year-on-year revenue gains. CEO M. Keith Waddell noted that while client budgets remain constrained, business confidence levels are improving, aided by progress on inflation and the beginning of a global rate-cutting cycle. The company's recent weekly results have been stable for the past 12 to 14 weeks.

Robert Half also received several accolades, including being named one of Fortune's Best Workplaces in Consulting & Professional Services™ and one of PEOPLE's Companies that Care®.

Protiviti, a global consulting firm, has been named to the 2024 Seramount Global Inclusion Index in eight countries: Australia, Hong Kong/China, Germany, India, Italy, Japan, The Netherlands, and the United Kingdom. The firm was also recognized as a Leading Inclusion Index Company in the U.S. for the seventh consecutive year.

The index honors organizations excelling in hiring and promoting women, measuring underrepresented groups, creating inclusive cultures, and holding leaders accountable. Seramount's evaluation considered policies, programs, leadership accountability, and practices focused on diversity and inclusion.

Protiviti has also been recognized in 2024 as a Best Company for Multicultural Women, a Top Company for Executive Women, a Best Place to Work for Disability Inclusion, and a Best Workplace for Millennials™.