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Robert Half Inc - RHI STOCK NEWS

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.

Overview

Robert Half Inc (RHI) is the world’s first and largest specialized staffing and talent solutions firm. Founded in 1948, the company has a rich legacy of pioneering the professional staffing industry and continues to innovate by matching highly skilled professionals with rewarding career opportunities around the globe. With a vast network of over 400 offices worldwide, Robert Half delivers comprehensive staffing and consulting services to a multitude of industries, including finance, accounting, technology, legal, marketing, creative, and administrative sectors.

Core Services and Business Model

Robert Half is synonymous with tailored human resource solutions. The company excels in:

  • Temporary and Permanent Staffing: Offering flexible staffing solutions, Robert Half provides both temporary and permanent placement services. Their outcome-based approach ensures that each engagement meets specific business requirements.
  • Consulting Services: Through its subsidiary, Protiviti, Robert Half extends its expertise into consulting. This division specializes in internal audit, risk management, business consulting, and technology advisory services, assisting organizations in navigating complex regulatory landscapes and operational challenges.
  • Executive Search: The firm’s comprehensive suite includes executive search services designed to identify and attract top-level talent for leadership and strategic roles.

Market Position and Industry Context

Operating in a dynamic and fragmented staffing industry, Robert Half distinguishes itself by focusing on specialized sectors. Its precise approach to matching candidates with specific skill sets to the nuanced demands of modern businesses has solidified its reputation in the market. The company’s dual emphasis on staffing and consulting not only enhances its service offering but also provides resilience against market fluctuations. With over seven decades of industry experience, Robert Half has cultivated deep expertise and a commitment to ethical practices, setting it apart from generalist staffing firms.

Operational Excellence and Global Reach

Boasting a global footprint that spans more than 400 locations, Robert Half leverages localized insights while maintaining a consistent and high-quality service delivery across regions. The company’s established presence in key markets allows it to address the distinct needs of diverse business environments. This extensive network is supported by rigorous candidate screening processes and a thorough understanding of client requirements, ensuring an optimal match between talent and opportunity.

Revenue Generation and Business Diversification

The company’s robust business model is underpinned by diversified revenue streams. Robert Half generates income through placement fees, consulting project fees, and executive search commissions. This diversified approach mitigates risk and enhances the firm’s ability to adapt to evolving market dynamics. By tailoring its strategies to meet the specific needs of both clients and candidates, Robert Half sustains long-term relationships that drive recurring business.

Competitive Landscape and Differentiation

In a competitive arena populated by general staffing agencies, Robert Half’s specialization is its key differentiator. The firm’s dedicated focus on high-value, specialized sectors ensures that it delivers services that are not only rapid but also meticulously aligned with both client expectations and market demands. Its dual business model serves as a strategic advantage, positioning it as a critical partner for organizations that require specialized talent and reliable consulting services.

Commitment to Ethical Practices and Industry Expertise

Ethics and expertise form the cornerstone of Robert Half’s business ethos. The company adheres to strict ethical standards, ensuring that its recruitment and consulting practices are conducted with the highest levels of professionalism and integrity. This commitment to ethical practices is reinforced by its longstanding recognition on esteemed industry lists, underscoring the reliability and trustworthiness that clients and candidates have come to expect. By emphasizing transparency and quality, Robert Half continues to uphold its reputation as a trusted advisor in the staffing and consulting domains.

Client and Candidate Assurance

Robert Half maintains an unwavering focus on understanding and meeting the diverse needs of its clients and candidates. Its comprehensive suite of services is designed to provide a personalized approach that bridges skill gaps and fosters career development. By combining deep market insights with a refined matching process, the firm ensures that every placement contributes to both operational efficiency for businesses and career advancement for professionals.

Integration of Industry-Specific Expertise

Embedded within the narrative are industry-specific keywords such as specialized staffing, talent solutions, and professional consulting. These terms not only reflect the company's core competencies but also signal to readers the depth of its expertise. This strategic use of terminology enhances the overall understanding of Robert Half’s pivotal role in the industry, emphasizing its ability to deliver focused, effective, and ethically-grounded staffing and consulting services.

Conclusion

Robert Half Inc stands as a cornerstone in the realm of specialized staffing and business consulting. Its pioneering history, expansive global network, and dual focus on staffing and consulting converge to create a robust and adaptable business model. By maintaining ethical standards and leveraging industry-specific knowledge, Robert Half has established itself as a reliable resource for connecting highly skilled professionals with exceptional opportunities. This comprehensive approach ensures that the company remains a stalwart in its industry, delivering innovative solutions that meet the evolving needs of a diverse and dynamic workforce.

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Protiviti, a global consulting firm, has been recognized as a 2024 Best Place to Work for Disability Inclusion, earning a top score of 100 on the Disability Equality Index. This index, a joint initiative of Disability:IN and The American Association of People with Disabilities, is a comprehensive benchmarking tool for measuring disability workplace inclusion.

Protiviti's commitment to fostering an inclusive workplace is evident through its collaboration with Disability:IN since 2021 and its efforts to hire candidates with autism, neurodivergence, and other disabilities. The firm's Disability Employee Network, an employee-led group, promotes learning and inclusion within the disability space.

In 2024, 542 companies used the index to benchmark their disability inclusion efforts. Protiviti's recognition reinforces its commitment to providing a supportive workplace for all employees, regardless of disability status.

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Robert Half (NYSE: RHI), a global talent solutions and business consulting firm, has been named one of America's Best Midsize Companies for 2024 by TIME magazine. This recognition highlights Robert Half's excellence in employee satisfaction, revenue growth, and sustainability transparency. The inaugural list, developed with Statista, evaluated U.S.-based companies with revenues between $100 million and $10 billion.

The selection process involved analyzing employee survey data from approximately 170,000 U.S. employees, assessing revenue growth over the past three years, and evaluating sustainability practices. Robert Half's inclusion underscores its commitment to fostering a positive work environment, driving sustainable growth, and being a responsible corporate citizen.

This accolade adds to Robert Half's impressive list of recognitions, including being named one of TIME's World's Best Companies and a Fortune Most Admired Company for 27 consecutive years.

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Protiviti, a global consulting firm, has been named a finalist for the 2024 Compliance Microsoft Partner of the Year Award. The company stood out among over 4,700 nominations from more than 100 countries for its excellence in innovation and implementation of customer solutions using Microsoft technology. Protiviti’s work includes assessing and improving data protection, restructuring data management, educating security analysts, and deploying advanced security solutions. The firm collaborates with diverse global clients, including retail, financial services, and government entities, leveraging Microsoft 365 E5 capabilities.

The recognition highlights Protiviti’s dedication to helping organizations manage risk and compliance in dynamic environments. Additionally, Protiviti was also a finalist for the 2024 Microsoft Security Excellence Awards in the Security Customer Champion category, recognized for its significant customer impact and success.

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Robert Half's latest research, released on June 26, 2024, reveals that fewer professionals plan to change jobs in the second half of 2024, with only 35% considering a move, down from 49% a year ago. Job satisfaction is high, with 77% of workers happy in their current roles and 85% enjoying a good work-life balance. The report highlights that confidence in skills remains strong, with 73% of workers feeling confident in their professional abilities. Key factors contributing to job satisfaction include competitive salaries, flexible work options, and supportive management. Employers must adapt their hiring strategies to attract top talent by avoiding pitfalls like not listing salary ranges and requiring on-site work without flexibility.

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Robert Half (NYSE: RHI) has been ranked the No. 1 Best Place to Work in the Bay Area by the San Francisco Business Times and Silicon Valley Business Journal for the third consecutive year. The recognition is based on an independent survey of employees, focusing on compensation, benefits, culture, and management practices. Robert Half also featured in the Fortune Best Workplaces in the Bay Area for the second year in a row. The company's Employee Commitment Proposition emphasizes career development, well-being, connections, and community impact.

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Global consulting firm Protiviti has been named to the Fortune Best Workplaces in the Bay Area 2024 list for the sixth time. The recognition highlights Protiviti's commitment to innovation, collaborative environments, and employee growth. The list was curated from almost 80,000 confidential employee survey responses, focusing on company culture, trust in management, and inclusivity. Earlier in 2024, Protiviti was also listed in the Fortune 100 Best Companies to Work For and Glassdoor’s Best Places to Work and Best-Led Companies. The firm has previously been recognized on multiple other prestigious lists.

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Protiviti has announced the launch of ProtivitiGPT, a generative AI application designed to enhance internal operations and client solutions. Available to all employees, the tool aims to improve business efficiencies and client engagement through comprehensive AI training programs. Leveraging AI expertise, Protiviti has already implemented AI-ML solutions to aid a global manufacturer in predicting ocean freight costs and optimizing network operations. Additionally, the firm emphasizes strong AI governance, helping clients manage risks and develop effective AI policies. AI adoption by Protiviti's clients has quadrupled compared to 2023, highlighting increasing interest in innovative AI solutions.

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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.

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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.

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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.

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FAQ

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

The current stock price of Robert Half (RHI) is $48.34 as of April 15, 2025.

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

The market cap of Robert Half (RHI) is approximately 5.0B.

What core services does Robert Half provide?

Robert Half specializes in temporary, permanent, and outcome-based staffing as well as consulting through its subsidiary Protiviti, covering fields like finance, accounting, technology, legal, and administration.

How does Robert Half differentiate itself in the staffing industry?

The firm focuses on specialized sectors and uses a dual business model that combines traditional staffing with consulting services, offering tailored solutions that meet specific client needs.

What is the role of Protiviti within Robert Half?

Protiviti is the consulting arm of Robert Half, providing internal audit, risk management, business consulting, and technology advisory services to help organizations tackle complex challenges.

How does Robert Half maintain its global presence?

With a network of over 400 offices worldwide, Robert Half leverages local market insights to deliver consistent and high-quality staffing and consulting solutions across diverse regions.

What industries does Robert Half cater to?

The company serves multiple sectors including finance, accounting, technology, legal, marketing, creative, and administrative functions, ensuring specialized talent matches for each domain.

What are the primary revenue streams for Robert Half?

Robert Half generates revenue through placement fees, consulting project fees, and executive search services, reflecting a diversified business model that supports its operational resilience.

How does Robert Half ensure the quality of its placements?

The firm employs rigorous candidate screening processes, thorough matching based on client requirements, and ongoing market research to ensure high-quality placements and sustainable client relationships.

What ethical practices does Robert Half follow?

Robert Half is committed to ethical business practices, maintaining high standards of professionalism and transparency in all its recruiting and consulting operations, which is reflected in its industry accolades.
Robert Half Inc

NYSE:RHI

RHI Rankings

RHI Stock Data

5.00B
98.67M
3.07%
101.27%
9.17%
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