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. 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 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.
Robert Half International (NYSE: RHI) will release its fourth-quarter 2021 earnings results on January 27, 2022, at approximately 4:15 p.m. EST. Management will host a conference call at 5 p.m. EST the same day, accessible via 877-814-0475. A recorded replay will be available after 8 p.m. EST that evening until February 24. Founded in 1948, Robert Half specializes in talent solutions across various sectors, boasting operations in over 400 locations worldwide.