Welcome to our dedicated page for Robert Half news (Ticker: RHI), a resource for investors and traders seeking the latest updates and insights on Robert Half stock.
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.
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™.
Robert Half Inc. (NYSE: RHI) has announced its schedule for the release of third-quarter 2024 earnings results. The company plans to release the results on Tuesday, October 22, 2024, at approximately 4:05 p.m. EDT. Following the release, Robert Half management will conduct a conference call at 5 p.m. EDT on the same day.
Participants can join the call by dialing 888-394-8218 (+1-323-994-2093 for those outside the United States and Canada). The confirmation code for the call is 7836703. An audio replay of the call will be available starting at approximately 8 p.m. EDT on October 22 and will be accessible for 12 months. The conference call will also be archived in audio format on the company's website at roberthalf.com.
Protiviti, a global consulting firm, has been named a CDP Gold Climate Change Consultancy Accredited Solutions Provider (ASP). This prestigious accreditation allows Protiviti to leverage benefits such as enhanced credibility, improved reporting quality, and access to expertise in assisting organizations to manage their environmental impacts.
As an ASP, Protiviti can offer strategic support and market differentiation to clients aiming to enhance their environmental performance and transparency. The firm's holistic approach integrates sustainability seamlessly into every aspect of an organization's operations and reporting, driving long-term success and positive impact.
Steve Wang, managing director and ESG audit services leader at Protiviti, expressed honor in collaborating with CDP and emphasized their commitment to helping organizations efficiently manage carbon emissions. Jackie Davis, CDP head of global accredited solutions providers, welcomed Protiviti's expertise to support companies in implementing leading actions to manage risks and reduce environmental impacts.
Robert Half, including its subsidiary Protiviti, has been named one of Forbes' World's Best Employers for 2024. This recognition highlights the company's commitment to creating an exceptional workplace globally. The award celebrates organizations that excel in prioritizing employee well-being, promoting inclusivity, and providing opportunities for professional growth and work-life balance.
The selection process involved an independent survey of over 300,000 participants across 50 countries, who evaluated their companies on various employment factors. M. Keith Waddell, president and CEO of Robert Half, expressed honor at the recognition, emphasizing the company's commitment to creating an extraordinary workplace culture.
Robert Half offers employees flexible work options, benefits, wellness offerings, and employee network groups. The company's 2023 Leading With Integrity Report details its socially responsible business practices and future plans.
The 12th Annual Global Technology Audit Risks Survey by Protiviti and The Institute of Internal Auditors (IIA) reveals growing concerns about cybersecurity and data privacy risks, amplified by the rapid adoption of artificial intelligence (AI). Key findings include:
- 59% of IT audit leaders identify AI as a significant threat over the next 2-3 years
- 68% perceive high cybersecurity threat levels over the next 12 months
- 76% of organizations using AI tools in audits perceive high cybersecurity risks, compared to 65% not using AI
- Data privacy and compliance is the second-largest perceived technology risk
- 52% of auditors view data breaches as the greatest cybersecurity-related threat
The survey, polling over 1,200 executives and professionals, highlights how AI is reshaping risk perception and auditing practices. While AI enhances risk identification, it also raises concerns about long-term risks associated with advanced AI systems.
Robert Half has released its 2025 Salary Guide, revealing key hiring and compensation trends amid a changing job market. The guide highlights four main findings:
1. 66% of managers are willing to increase starting salaries for new hires to work in the office, with 59% offering up to 20% more pay for 4-5 days in-office.
2. 54% of hiring managers say AI and automation are reshaping needed skill sets, with 37% bringing in contract talent for AI-related projects.
3. 48% of managers struggle to meet candidates' salary expectations, emphasizing the importance of comprehensive compensation packages.
4. Retirements are a top concern, with 45% of managers investing in training and upskilling, and 41% rehiring retirees as part-time consultants.
The guide also offers recommendations for professionals to maximize their earning potential and advance their careers in this evolving employment landscape.
FAQ
What is the current stock price of Robert Half (RHI)?
What is the market cap of Robert Half (RHI)?
What does Robert Half Inc. specialize in?
What is Protiviti?
What are some recent achievements of Robert Half?
How many locations does Robert Half have?
What is the annual revenue of Robert Half?
What kind of staffing solutions does Robert Half offer?
When was Robert Half founded?
What accolades has Robert Half received?
Who are some key executives at Robert Half?