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Robert Half (RHI) Stock News, Jul-Aug 2021

RHI NYSE

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.

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Protiviti has introduced its enhanced Ransomware Advisory and Recovery service to combat rising ransomware threats. With over 2,400 reported attacks in 2020, companies face increased risks due to inadequate security measures. The new offering aims to assist organizations through a three-phase approach: Anticipate, Respond, and Recover. Protiviti's team of experts will guide clients in strengthening their cybersecurity posture and ensuring operational resilience during and after an attack. The service is particularly relevant for firms adapting to hybrid work environments.

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Robert Half International reported strong Q2 2021 results, achieving $149 million in net income, up from $46 million in Q2 2020. Earnings per share reached $1.33 on revenues of $1.581 billion, compared to $1.108 billion last year. Notably, the firm's permanent placement and Protiviti operations demonstrated impressive growth, with increases of 102% and 62%, respectively. The company recorded a 49% return on invested capital, reflecting robust demand for its staffing and consulting services.

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Robert Half International (NYSE: RHI) announced it will release its second-quarter 2021 earnings results on July 22 at 4:15 p.m. EDT. A conference call to discuss these results will follow at 5 p.m. EDT. Participants are encouraged to dial in 15 minutes early, using the number 877-814-0475 (or +1-706-643-9224 outside the U.S). A recorded playback of the call will be available from 8 p.m. EDT on July 22 until August 21. Robert Half is a leading talent solutions firm with global operations across various sectors.

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According to Robert Half's "State of U.S. Hiring" survey, 51% of senior managers plan to add permanent positions in the latter half of 2021, while 48% aim to fill vacated roles. San Diego, Dallas, Atlanta, and Los Angeles lead in anticipated hiring. However, challenges persist, including the need for skilled candidates, quick hiring processes, and cultural fit. To attract talent, 48% of companies are offering signing bonuses, and 60% are expanding geographical searches. This survey involved over 2,800 managers and reflects a competitive job market.

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Protiviti, a global consulting firm, has been recognized as a '2021 Best Company for Multicultural Women' by Seramount, based on extensive demographic data and evaluation across workforce profile, recruitment, retention, and company culture. The recognition highlights Protiviti's commitment to diversity, equity, and inclusion, reflected in its employee network groups and sponsorship programs. The announcement underlines Protiviti's efforts in attracting diverse talent and fostering an inclusive workplace. This accolade will be celebrated at Seramount's Multicultural Women's National Conference on July 21-22, 2021.

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FAQ

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

Robert Half (RHI) last closed at $42.8.

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

The market cap of Robert Half (RHI) is approximately $4.4B.