Robert Half Inc. news centers on the company's specialized talent solutions and business consulting operations. Updates commonly address contract talent, permanent placement and executive search services across finance and accounting, technology, marketing and creative, legal, administrative and customer support roles.
Recurring coverage also includes quarterly earnings releases, cash dividend declarations, AI-enabled recruiting tools, corporate responsibility programs and developments at Protiviti, Robert Half's consulting subsidiary. Protiviti news highlights internal audit, risk, business, technology, data, compliance and related advisory services delivered through its global consulting network.
Robert Half Inc. (NYSE: RHI) has announced a quarterly cash dividend of $0.53 per share. The dividend will be paid on Sept. 13, 2024, to shareholders of record as of Aug. 23, 2024. This announcement demonstrates the company's commitment to returning value to its shareholders and maintaining a consistent dividend policy. The declaration of a dividend often signals financial stability and confidence in future cash flows. However, investors should consider the sustainability of dividend payments in light of the company's overall financial health and market conditions.
Protiviti's 20th anniversary Internal Auditing Around the World® report highlights the significant evolution of internal audit over the past two decades. The report, titled 'Exploring a Universe of Experience as a Launchpad to the Future,' utilized AI to analyze 19 previous volumes, revealing key trends:
1. Internal audit's transformation from compliance-focused to strategic adviser
2. Shift towards value-adding services
3. Increased board reliance on internal audit for high-risk areas
4. Integration of technology and data analytics
5. Focus on diverse talent and soft skills
6. Internal audit as a catalyst for change
The report outlines five strategies for Chief Audit Executives (CAEs) to elevate their functions: prioritizing transformation, leveraging technology, cultivating talent, fostering innovation, and acting as strategic partners.
Robert Half's State of U.S. Hiring Survey reveals 52% of companies plan to add new permanent positions in the second half of 2024, while 57% expect to hire contract workers. Despite a slight decrease from the first half of 2024, hiring intentions remain strong across various specializations. 86% of employers report hiring challenges, including lack of skilled applicants, hiring speed, and meeting salary expectations. To attract talent, companies are offering hybrid work options (41%), flexible hours (41%), and higher starting salaries (38%). The survey highlights the importance of strategic hiring plans and retention strategies in a competitive job market.
Protiviti, a global consulting firm, has been awarded a 2024 Consulting Leaders in Technology award for Excellence in AI Application by Consulting magazine. The firm was recognized for its innovative AI solutions focused on fairness, inclusion, and equitable representation in healthcare and financial services, as well as a responsible AI solution to reduce air pollution. Protiviti's AI practice, led by industry veterans, is helping clients leverage AI/GenAI technology to improve decision-making and optimize customer experiences while ensuring proper governance.
Additionally, Kevin Khan, a managing director at Protiviti, received a Consulting Leaders in Technology award in the DEI Champion category. Khan is co-sponsor of Protiviti's global Multicultural Employee Network Group and serves on the board of America Needs You, a nonprofit supporting first-generation college students.
Robert Half, including its subsidiary Protiviti, has been recognized by Forbes as one of America's Best Employers for Women 2024. The selection was based on an independent survey of over 150,000 women working for U.S. employers, evaluating factors such as workplace conditions, career development, company culture, and gender equality issues.
Key highlights:
- More than half of Robert Half's global organization consists of women
- The company offers gender-focused Employee Network Groups (ENGs) including GWEN, iGROWW, and GET IT
- Robert Half provides inclusive benefits and resources for women's career success
- The recognition underscores the company's commitment to inclusivity and empowering women
M. Keith Waddell, president and CEO of Robert Half, emphasized the company's pride in its diverse perspectives and voices, and its dedication to creating opportunities for women to thrive personally and professionally.
Robert Half (NYSE: RHI) reported its Q2 2024 financial results, with net income of $68 million ($0.66 per share) on revenues of $1.473 billion. This represents a decline from Q2 2023, which saw net income of $106 million ($1.00 per share) on revenues of $1.639 billion. For the first half of 2024, net income was $132 million ($1.27 per share) on revenues of $2.948 billion, down from $228 million ($2.14 per share) on revenues of $3.356 billion in H1 2023.
CEO M. Keith Waddell noted that macroeconomic uncertainty continues to impact hiring and new project starts. However, Protiviti, Robert Half's consulting arm, posted strong results with U.S. growth in both revenues and segment income. The company maintains confidence in navigating the current climate and remains optimistic about future growth prospects.
Robert Half (NYSE: RHI), a global talent solutions and business consulting firm, has achieved a top score of 100 on the 2024 Disability Equality Index®. This recognition earns the company the distinction of being a 2024 Best Place to Work for Disability Inclusion. The company's consulting subsidiary, Protiviti, also received a top score.
The Disability Equality Index, a joint initiative of Disability:IN and the American Association of People with Disabilities (AAPD), is widely acknowledged as the most comprehensive disability inclusion benchmarking tool for Fortune 1000 companies. It measures criteria such as culture and leadership, enterprise-wide access, community engagement, supplier diversity, and employment practices.
Robert Half's commitment to diversity and inclusion is reflected in various recognitions, including being named one of Forbes' Best Employers for Diversity and one of Newsweek's Most Responsible Companies. The company's 2023 Leading With Integrity Report provides detailed insights into its socially responsible business practices and future plans.
Robert Half (NYSE: RHI) and its consulting subsidiary Protiviti have been named among the Best Workplaces for Millennials 2024 by Fortune. This recognition is based on a comprehensive survey of nearly 510,000 millennial professionals at Great Place To Work Certified™ companies, assessing factors such as trust in management, colleague connections, and company loyalty.
M. Keith Waddell, president and CEO of Robert Half, emphasized the company's commitment to offering competitive benefits, an inclusive culture, flexible work options, and career growth opportunities that appeal to millennials. The firm's recent report, 'Examining the Multigenerational Workforce,' provides insights on key trends and tips for recruiting, motivating, and retaining professionals across generations, helping employers develop supportive programs and policies for employees at all career stages.
Robert Half Inc. (NYSE: RHI) has announced its schedule for the second-quarter 2024 earnings results release and conference call. The company plans to release its earnings on Wednesday, July 24, 2024, at approximately 4:05 p.m. EDT. This will be followed by a conference call at 5 p.m. EDT on the same day. Interested parties can dial in at 888-394-8218 (+1-323-994-2093 for international callers) using the confirmation code 9156621. An audio replay will be available from 8 p.m. EDT on July 24 and will be accessible for 12 months. The call will also be archived on the company's website.
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.