Robert Half Inc. - RHI STOCK NEWS

The Building Future-Forward Tech Teams report by Robert Half, released on May 8, 2024, reveals significant skills gaps in the tech industry, driven by the rapid pace of change, evolving business priorities, and the rise of AI. According to the report, 65% of tech leaders identify a skills gap within their teams, with 62% noting an increase compared to the previous year. Nearly 95% of tech leaders experience difficulties in finding skilled talent. While 90% plan to implement AI initiatives this year, 48% cite the lack of staff with AI skills as a major barrier. Companies are prioritizing improving security, upskilling workers, and hiring skilled employees. Ryan Sutton, executive director for technology talent solutions at Robert Half, highlights the top priorities for tech leaders, the most sought-after skills, and strategies for job seekers to stand out in an AI-driven market.

Robert Half (NYSE: RHI) won a Stevie Award for Best Artificial Intelligence/Machine Learning Solution in the 22nd Annual American Business Awards. The accolade recognizes Robert Half's AI tools that enhance candidate discovery, assessment, and client outreach. Their AI capabilities, drawing from a database of over 30 million professionals and decades of customer data, include AI Recommended Talent (ART) and AI Recommended Client (ARC). ART helps recruiters shortlist candidates in real-time, while ARC optimizes client outreach. CEO M. Keith Waddell emphasized the company's commitment to AI innovation, combining technology with specialized recruiting expertise.

Protiviti has been ranked third on Glassdoor's Best-Led Companies list. This recognition highlights the firm's exceptional senior leadership, which emphasizes integrity, inclusion, innovation, and a commitment to success. The ranking is based on anonymous employee reviews focused on senior leadership, collected between March 1, 2023, and February 29, 2024. Protiviti's leadership approval rating reflects the quantity, quality, and consistency of these reviews. Additionally, Protiviti has consistently been recognized on multiple prestigious lists, including the Fortune 100 Best Companies to Work For and the Glassdoor Best Places to Work.

Robert Half's new research highlights the severity of the technology skills gap, with 62% of tech leaders feeling the impact more today than a year ago. The report identifies key factors contributing to these gaps, tech leaders' priorities, and strategies for building future tech teams.

Robert Half, a global talent solutions and consulting firm, has ranked number one on Forbes' list of America's Best Professional Recruiting Firms for the sixth year in a row. Additionally, the company was recognized as one of America's Best Temporary Staffing Firms and America's Best Executive Recruiting Firms for 2024. The rankings are based on an independent survey of recruiters, hiring managers, and job candidates. Robert Half's CEO attributes this success to the dedication of their professionals and their use of AI in candidate selection. The company has also received accolades such as being named a Fortune Most Admired Company and a Forbes Best Employer for Diversity.

A new survey conducted by Protiviti in collaboration with the University of Oxford reveals that over half of global business leaders expect a positive impact from government interventions in the coming years. Executives are confident that governments can drive future growth by regulating emerging technologies and correcting market failures. The survey highlights North American executives' higher optimism compared to their European and Asia-Pacific counterparts.

Robert Half Inc. (NYSE: RHI) has declared a quarterly cash dividend of $0.53 per share, payable on June 14, 2024, for shareholders on record as of May 24, 2024.

Forbes has named Robert Half, along with its subsidiary Protiviti, as one of America's Best Employers for Diversity for the sixth consecutive year. The selection is based on inclusion efforts related to age, gender, ethnicity, disability, and sexual orientation, as well as feedback from a survey of 170,000 U.S. workers. Robert Half's president, M. Keith Waddell, emphasized the company's commitment to inclusion and creating an inclusive workplace where all employees feel valued.

The company embraces diverse backgrounds, perspectives, and experiences, and implements various programs, policies, and initiatives to promote inclusion. Employee-led inclusion efforts, including employee network groups globally, play a important role in amplifying diverse voices and fostering a sense of inclusion and belonging.

Robert Half has also been recognized as one of the Best Employers for Women and as one of Newsweek's Most Responsible Companies. The company's 2023 Leading With Integrity Report highlights its socially responsible business practices and future plans.

Robert Half Inc. reported first-quarter financial results for the period ending March 31, 2024. Net income was $64 million, or $0.61 per share, on revenues of $1.476 billion, compared to $122 million, or $1.14 per share, on revenues of $1.716 billion for the same period in 2023. Despite global hiring caution, results were in line with expectations, with second-quarter earnings guidance showing improvement led by Protiviti.