Robert Half Inc. - RHI STOCK NEWS

Robert Half has appointed Rob Hosking as the executive director of its administrative and customer support practice group on March 13, 2023. Hosking, with nearly 30 years in the staffing industry, will oversee operations for nearly 300 locations globally. His previous roles include executive director and senior vice president at Robert Half. As demand for contract talent rises, CEO Paul F. Gentzkow emphasizes Hosking's commitment to finding talent for companies and aiding job seekers. Furthermore, Hosking advocates for diversity, equity, and inclusion as the sponsor of the BELONG Employee Network Group.

Gordon Tucker, managing director at Protiviti, has been recognized in Consulting magazine's 2023 list of Global Leaders in Consulting for his leadership in the Technology, Media, and Telecommunications (TMT) practice. The award acknowledges professionals for their exceptional work ethics and innovative contributions. Under Tucker's guidance, Protiviti's TMT practice has expanded globally, enhancing client services across markets such as Tokyo, Australia, the U.K., and the U.S. Protiviti, a subsidiary of Robert Half (NYSE: RHI), has consistently been featured in best workplace lists, showcasing its commitment to professional excellence.

Research from Robert Half reveals that remote jobs are here to stay, with 87% of workers considering job changes interested in hybrid or fully remote roles. In January 2023, 28% of new job postings were remote, equal to the previous year. Work flexibility enhances job satisfaction, with 46% of workers reporting increased happiness despite longer hours. Notably, 32% are willing to accept pay cuts averaging 18% for full remote work. However, 65% value in-person relationships with colleagues, while 82% of managers believe all workers have equal career advancement opportunities. The surveys included over 4,600 U.S. workers and managers.

Robert Half (NYSE: RHI) executives M. Keith Waddell and Katherine Spencer Lee have been named to the Staffing Industry Analysts' 2023 North America Staffing 100 list for their contributions to the staffing industry. Waddell, as CEO, led the company through the pandemic and prioritized investments in AI technologies, enhancing service delivery. Lee, recognized for her advocacy for diversity, equity, and inclusion, has significantly contributed to the company's values and community support initiatives. The recognition highlights their leadership in maintaining a people-first approach in talent solutions.

Robert Half International (NYSE: RHI) has authorized the buyback of an additional 10 million shares of its common stock, complementing the 3.8 million shares remaining from its existing program. This strategy aims to enhance shareholder value.

Furthermore, the company has increased its quarterly cash dividend from $0.43 to $0.48 per share, with payments scheduled for March 15, 2023. Shareholders of record as of February 24, 2023 will benefit from this increase. Robert Half continues to solidify its position as a leader in talent solutions and business consulting.

According to Robert Half's State of U.S. Hiring Survey, 58% of U.S. companies plan to add permanent roles in the first half of 2023, an increase from 46% in the previous survey. Additionally, 72% intend to hire more contract professionals. The demand for talent is highest in technology, finance, and legal sectors, with 9 in 10 managers citing challenges in finding skilled workers. On average, hiring now takes up to 11 weeks, longer than in previous years. The survey reflects responses from over 2,000 managers and indicates a robust hiring outlook despite ongoing market volatility.