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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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Research from Robert Half reveals that 56% of U.S. companies have faced salary discrepancies between new hires and tenured employees in the last year. To address this, 62% of these firms are increasing salaries for existing staff. Additionally, a survey shows that 34% of workers haven't received a raise in a year, with 62% planning to request one soon due to rising living costs and market rates. Employers recognize the importance of fair compensation to retain talent amidst changing market conditions, with significant attention on overall employee experience and career advancement.

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Jennifer Kupcho, a professional golfer and brand ambassador for Protiviti, celebrated her first Major Championship victory at the 2022 Chevron Championship, held in Rancho Mirage, California. Kupcho delivered an impressive performance, finishing 14 strokes under par, with rounds of 66 and 64. In recognition of her 25 birdies during the event, Protiviti will donate 25,000 meals as part of its 'Birdies for Meals' initiative. Kupcho, 24, has been with Protiviti since February 2020 and is currently ranked 16th in the world. Her next competition is the LOTTE Championship in Hawaii.

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Protiviti has launched its 2022 'Birdies for Meals' campaign, pledging to donate 1,000 meals for each birdie made by golfers Matt Fitzpatrick and Jennifer Kupcho during Major Championships. The initiative aims to provide over 150,000 meals to U.S. Hunger, including 20,000 meals designated for Ukrainian refugee relief. The campaign continues Protiviti's 'i on Hunger' program, which has donated over 12 million meals globally since 2014. Fitzpatrick and Kupcho have been brand ambassadors for Protiviti since February 2020, celebrating their commitment to fighting hunger.

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Protiviti has expanded its Legal Consulting capabilities by transitioning the legal consulting solutions practice from parent company Robert Half to better meet clients' complex legal matters. This expansion offers clients a broader range of services, including e-discovery and compliance, aimed at optimizing their legal functions and reducing legal spend. Protiviti's team collaborates with law firms and corporate legal departments, providing tailored solutions remotely or on-site, helping improve risk management and legal outcomes.

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Research from Robert Half reveals that 66% of U.S. senior managers want employees back on-site full-time, despite a growing preference for flexible work arrangements. Only 33% support long-term hybrid schedules. A significant risk noted is that 50% of remote workers would seek new jobs if forced back to the office, particularly among working parents (55%) and millennials (65%). Experts suggest that companies should consider a hybrid model to retain talent and maintain productivity. Strategies for implementing flexibility include defining hybrid work, improving onboarding, and ensuring effective communication.

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Protiviti has launched Protiviti Digital, aimed at enhancing customer experiences and integrating digital strategies for businesses. Led by Joan Smith, this initiative focuses on bridging the gap between customer experience and operational efficiency, emphasizing the importance of synchronized digital transformation. The firm aims to leverage advanced technology and data analytics to foster stronger customer relationships and drive growth. Smith highlights the critical need for businesses to adapt to shifting consumer preferences amid supply chain challenges. Protiviti Digital is set to speak at the Adobe Summit on March 16.

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Gary Anderson, managing director at Protiviti and leader of its Asia-Pacific region, has been recognized in Consulting magazine's 2022 list of 'Global Leaders in Consulting' for his excellence in influence. With extensive experience in aligning APAC operations with global strategies, Anderson's leadership has significantly contributed to client service and financial performance. Protiviti, a subsidiary of Robert Half (RHI), continues to excel, having been consistently listed among the best firms to work for since 2014.

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Robert Half has promoted Mark Jamati to senior vice president of tax, effective March 8, 2022. Jamati, who joined the firm in 2004, will oversee tax reporting, strategy, and compliance. His experience includes leading vital tax initiatives to enhance efficiency and value within the company. Mike Buckley, CFO of Robert Half, expressed confidence in Jamati's ability to navigate complex global tax regulations. Robert Half (NYSE: RHI) continues to connect skilled job seekers with leading companies through its specialized talent solutions.

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FAQ

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

The current stock price of Robert Half (RHI) is $73.42 as of November 15, 2024.

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

The market cap of Robert Half (RHI) is approximately 7.7B.

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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RHI Stock Data

7.70B
103.25M
3.06%
97.3%
5.73%
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