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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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On January 19, 2022, Robert Half announced the promotion of Paul Flaharty to executive director of the marketing and creative practice group. Flaharty, who has been with the company for 16 years, previously served as district president in the western United States. His leadership is expected to enhance operational strategy in placing creative talent globally. CEO Paul F. Gentzkow emphasized the importance of accessing remote talent to stay competitive. Robert Half (NYSE: RHI) is a leading talent solutions firm connecting skilled job seekers with great companies.

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Robert Half has promoted Brandi Britton to executive director of its contract finance and accounting practice group. With over 22 years at the firm, Britton previously served as district president in Southern California. She is expected to drive global operational strategy, enhancing the company's ability to place finance professionals in contract roles amidst a flexible employment market. Paul Gentzkow, CEO of Robert Half, expressed confidence in Britton's leadership for this critical business unit. Robert Half operates under the ticker symbol RHI.

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Chris Nelson has been appointed as the new chief marketing officer at Robert Half, effective January 13, 2022. He will spearhead the company's global marketing strategy, focusing on digital marketing, data analytics, and brand identity. Previously, Nelson held the role of vice president of digital marketing at VMware, where he improved the company's online presence across 44 countries. CEO M. Keith Waddell expressed confidence in Nelson's ability to enhance customer experiences and drive revenue growth, emphasizing the growing importance of digital marketing.

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Protiviti announced the promotion of 42 directors to managing director and 10 to senior director roles as part of its commitment to career advancement. These promotions span various sectors, including Internal Audit, Risk and Compliance, and Technology Consulting. With nearly 1,000 employees promoted globally across 57 offices, Protiviti aims to enhance client service and foster leadership aligned with its values of integrity and innovation. CEO Joseph Tarantino highlighted the significance of these promotions in addressing critical business challenges and supporting organizational growth.

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Robert Half has promoted Trisha Plovie to senior vice president of Future of Work as of January 11, 2022. With 25 years of experience at the company, Plovie will lead strategies focusing on flexible, hybrid, and remote talent. Her promotion comes as Robert Half aims to leverage its global brand and advanced AI technologies to enhance job placement solutions. Paul Gentzkow, CEO, highlighted Plovie's insights into workforce trends that are vital for adapting to the evolving work landscape, particularly as remote work becomes more prevalent.

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The Internal Audit Foundation, in collaboration with Protiviti, released a white paper titled "Are We Ready? It's Time for Internal Audit to Focus on Resilience Amid Extreme Change" on December 21, 2021. The report argues that internal auditors are pivotal in assessing resiliency risks, especially post-pandemic. It outlines ways internal auditors can enhance resilience within organizations, including embedding resilience into audit objectives and participating in organizational transformations. The white paper aims to guide chief audit executives in integrating resilience into operational strategies.

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Research from Robert Half reveals that over 41% of U.S. workers plan to seek new job opportunities in early 2022, an increase from 32% six months prior. Key motivations include salary increases (54%), better benefits (38%), and permanent remote work options (34%). Gen Z (52%), employees with 2-4 years at a company (49%), and tech workers (47%) are most active in job searching. The survey indicates 41% lack a clear career advancement path, which poses retention challenges for employers. Additionally, 54% of workers are drawn to remote roles, emphasizing the need for flexible hiring practices.

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Robert Half has launched its annual Holiday Giving program across North America, focusing on uplifting local communities during the festive season. This initiative, which has been ongoing since 2006, has resulted in over 140,000 toys and games collected for families in need. The company is partnering with the Boys & Girls Clubs of America to develop youth potential and create equal opportunities. Lynne Smith, senior VP of global HR, emphasized the company’s commitment to philanthropy and community support.

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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

RHI Rankings

RHI Stock Data

7.70B
103.25M
3.06%
97.3%
5.73%
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