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.
Robert Half Inc. (NYSE: RHI) is a global talent solutions and business consulting firm, and this news page aggregates company announcements, earnings updates and other disclosures related to RHI. Robert Half describes itself as the world's first and largest specialized talent solutions and business consulting firm, with operations that include contract talent, permanent placement, executive search and its consulting subsidiary, Protiviti.
Readers can expect news covering quarterly financial results, such as revenues, net income and segment performance, which Robert Half reports through press releases and Form 8-K filings. These updates often include commentary from management about hiring trends, client demand and the operating environment, as well as supplemental financial information on contract talent solutions, permanent placement and Protiviti.
The news flow also highlights dividend declarations and other capital allocation decisions approved by the board of directors. In addition, Robert Half frequently publishes announcements about corporate recognition, including rankings from organizations like Fortune, Forbes, Newsweek and others that focus on areas such as corporate responsibility, innovation, workplace culture and inclusion.
Because Protiviti is a wholly owned subsidiary of Robert Half, this feed also includes Protiviti-related news, such as awards from partners like Microsoft, participation in programs like the AI Business Solutions Inner Circle, and recognition on inclusion and workplace indices. These items provide insight into the consulting side of the business and its collaborations with technology and risk management partners.
Investors and other interested readers can use this page to follow Robert Half’s official communications, monitor developments across its staffing and consulting activities, and review how the company describes its performance, values and strategic focus over time.
Robert Half has promoted Mark Jamati to senior vice president of tax, effective March 8, 2022. Jamati, who joined the firm in 2004, will oversee tax reporting, strategy, and compliance. His experience includes leading vital tax initiatives to enhance efficiency and value within the company. Mike Buckley, CFO of Robert Half, expressed confidence in Jamati's ability to navigate complex global tax regulations. Robert Half (NYSE: RHI) continues to connect skilled job seekers with leading companies through its specialized talent solutions.
Robert Half has promoted Micah Reinhold to senior vice president of finance as of March 8, 2022. Reinhold, who joined Robert Half in 2015, has previously served as vice president of finance. In her new role, she will oversee financial planning, data analytics, and transformation programs aimed at enhancing strategic insights for customers. Mike Buckley, CFO, praised her contributions to advancing the company's financial systems and processes, highlighting her role in implementing large-scale projects that modernize global financial systems.
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On February 15, 2022, two Robert Half executives were recognized in Staffing Industry Analysts' 2022 North America Staffing 100 list. CEO M. Keith Waddell and Paul F. Gentzkow, President of Talent Solutions, were acknowledged for their leadership in the staffing sector. Waddell's three-decade tenure included launching Protiviti and handling the company’s pandemic recovery. Gentzkow's leadership contributed to the firm growing to over 300 locations globally and achieving record revenues in 2021, showcasing their commitment to a skilled workforce and remote solutions.
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Robert Half International (NYSE: RHI) announced a quarterly cash dividend increase from $0.38 to $0.43 per share, effective March 15, 2022. This payment will be distributed to shareholders on record as of February 25, 2022.
Founded in 1948, Robert Half is a leader in specialized talent solutions and consulting, operating in over 400 locations globally.
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Research from Robert Half reveals that 65% of U.S. companies expect to hire new permanent positions in the first half of 2022, a 14-point increase from six months ago. Notably, cities like Charlotte (75%) and San Francisco (74%) show strong hiring intentions. The study also highlights that 71% of managers plan to increase contract hiring, especially in marketing and technology. Key hiring strategies include raising starting salaries (55%) and offering remote work options (50%). However, challenges in remote hiring and onboarding persist, particularly in assessing candidates' skills and engagement.
Robert Half International (NYSE: RHI) reported strong fourth-quarter results for 2021, with net income of $168 million ($1.51 per share) on revenues of $1.770 billion, marking a 36% revenue increase year-over-year. Annual net income reached $599 million ($5.36 per share), up from $306 million in the previous year. Key drivers included a 73% revenue growth in permanent placements and a 37% rise in Protiviti operations. The company’s fourth-quarter return on invested capital was notably high at 50%. Management expresses optimism for the upcoming year, supported by significant demand across various sectors.