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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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Robert Half to host virtual events focusing on hiring and retention strategies for professionals; highlighting challenges in the labor market.
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Robert Half executives M. Keith Waddell and Paul F. Gentzkow have been recognized for their leadership in the staffing industry. Waddell's role in the company's growth and Gentzkow's expansion of talent solutions have led to significant revenue increases.
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Robert Half (NYSE: RHI) and its subsidiary Protiviti have been recognized as one of America's Best Large Employers by Forbes. The company's focus on employee well-being, career development, and organizational culture has led to high employee engagement. Additionally, Robert Half has received accolades as a Fortune Most Admired Company and a World's Best Employer by Forbes.
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Robert Half Inc. (RHI) raises quarterly cash dividend from $0.48 to $0.53 per share, payable on March 15, 2024. Board of directors approved the increase, benefiting shareholders.
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New research from Robert Half shows that only 36% of workers plan to look for a new job in the next six months, down from 49% in July 2023. Gen Z and marketing professionals are most likely to make a move, while the top reasons for workers staying in their current roles include flexibility, fulfillment, and compensation. Despite this, 57% of companies plan to add new positions in the first half of 2024, and 39% are hiring for vacated roles, indicating high demand for skilled workers.
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Robert Half (NYSE: RHI) and its subsidiary, Protiviti, have been recognized as one of the 2024 World's Most Admired Companies by Fortune magazine for 27 consecutive years. The annual ranking is based on a survey of senior executives, directors, and analysts, with Robert Half being the only company in its industry to receive this recognition. The company's recent achievements include ongoing investments in artificial intelligence and machine learning, prioritizing employee well-being, and a commitment to enterprise values such as integrity, inclusion, innovation, and commitment to success.
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Robert Half Inc. (NYSE: RHI) reported a decrease in net income and revenues for the fourth quarter of 2023 compared to the same period in 2022. The net income for the three months ended December 31, 2023, was $87 million, or $0.83 per share, on revenues of $1.473 billion, down from $148 million, or $1.37 per share, on revenues of $1.727 billion in 2022. For the full year 2023, net income was $411 million, or $3.88 per share, on revenues of $6.393 billion, compared to $658 million, or $6.03 per share, on revenues of $7.238 billion in 2022. M. Keith Waddell, president and CEO, expressed confidence in the company's ability to navigate the current climate despite global labor demand and talent shortages being modestly below their peaks.
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A study by the London School of Economics and Political Science (LSE) and Protiviti reveals that employees younger than their managers report lower productivity due to a lack of collaboration between different generations. The research surveyed 1,450 employees in the UK and USA, finding that firms need to develop intergenerationally inclusive work practices. Key findings include 25% self-reported low productivity, with Gen Z and Millennials reporting the lowest levels. However, firms that implement intergenerationally inclusive practices see higher productivity and job satisfaction among employees.
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Protiviti, a global consulting firm, has promoted over 1,000 employees to senior leadership positions across various solution groups, reflecting career growth opportunities and expertise. The new leaders span across internal audit, financial advisory, risk and compliance, technology consulting, business performance improvement, and legal consulting, showcasing the firm's commitment to excellence and dedication.
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Robert Half Inc. (RHI) is set to release its fourth-quarter 2023 earnings results on Jan. 30, 2024, followed by a conference call conducted by the management. The company will provide a dial-in number for participants and offer a recording of the call for audio replay. The conference call will also be archived on the company's website.
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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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