Robert Half(RHI)
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Career Satisfaction Has Fewer Workers Planning to Change Jobs Compared to One Year Ago
Prnewswire· 2024-06-26 12:12
Core Insights - More than three-quarters (77%) of workers report high job satisfaction in their current roles, with 85% indicating a good work-life balance [2][3] - Job search plans have decreased across generations, with 35% of workers planning to look for a new job in the second half of 2024, down from 49% in the same period last year [1][2] - Employers need to enhance their hiring strategies to attract top talent, as skilled workers are currently satisfied in their roles and not actively seeking new opportunities [3][6] Job Satisfaction Factors - Key factors contributing to job satisfaction include competitive salaries with regular merit increases, flexible work locations and schedules, fair workloads and job expectations, positive work culture, and supportive management [6][3] - A significant 73% of workers feel confident in their professional abilities and are taking steps to enhance their skills and marketability [6][3] Job Search Deal-Breakers - Workers indicated that they would lose interest in job positions if the organization does not list a salary range (41%), requires on-site work with no remote options (37%), does not emphasize company culture (30%), or prolongs the interview process (28%) [7][3] Research Methodology - The data is based on a survey conducted by Robert Half in April 2024, which included responses from over 1,000 workers aged 18 and older and more than 400 hiring managers at companies with 20 or more employees in the United States [8][3]
Robert Half Again Ranks as the No. 1 Best Place to Work in the Bay Area
Prnewswire· 2024-06-14 18:00
Company Recognition - Robert Half has been recognized as one of the 2024 Bay Area Best Places to Work, ranking No. 1 among companies with over 500 employees for the third consecutive year [1][4] - The recognition is based on employee feedback and reflects the company's commitment to a supportive and thriving workplace culture [2][4] Employee Support and Well-being - The company emphasizes a people-first philosophy, providing resources, training, and mentorship opportunities for career development [2] - Robert Half offers an employee assistance program focused on mental health and well-being, along with initiatives for working parents, financial planning, and virtual wellness sessions [2] Employee Engagement - Employees participate in biannual surveys to provide feedback, leading to new initiatives aimed at improving the employee experience [2] - The company has expanded global programs for employees to share experiences and build internal networks [2] Corporate Citizenship - Robert Half is committed to corporate social responsibility, enhancing community relations, and implementing employee recognition programs [2] Industry Position - Robert Half is the world's first and largest specialized talent solutions and business consulting firm, providing contract talent and permanent placement solutions across various fields [3] - The company has received accolades such as being named one of the Fortune Most Admired Companies and a Forbes Best Employer for Diversity [3]
Robert Half (RHI) Subsidiary Unveils Generative AI Tools
ZACKS· 2024-06-13 17:21
Company Overview - Robert Half Inc.'s subsidiary Protiviti has launched a generative AI-based application named ProtivitiGPT, aimed at enhancing internal operations and client advisory services [1][5] - Protiviti specializes in technology consulting, cloud computing, and digital transformation, positioning itself strongly in the market [2] Financial Performance - Protiviti's revenue is projected to grow by 4.2% in 2024, 1.2% in 2025, and 6.3% in 2026 [2] - Expected operating margins for Protiviti are forecasted at 50.6% in 2024, 37.1% in 2025, and 35.5% in 2026, indicating strong profitability [2] Market Position - Protiviti has achieved Microsoft Azure's AI and Machine Learning specialization, demonstrating its expertise in these areas [6] - The company is experiencing a significant increase in client interest in AI solutions, with adoption rates reportedly four times faster than in 2023 [8] Stock Performance - Robert Half's shares have decreased by 27.6% year-to-date, contrasting with a 16.2% decline in its industry and a 7.6% growth in the Zacks S&P composite [9] Competitors - Booz Allen Hamilton (BAH) and SPX Technologies, Inc. (SPXC) are noted as better-ranked stocks in the broader Zacks Business Services sector, with BAH holding a Zacks Rank of 2 (Buy) and SPXC a Zacks Rank of 1 (Strong Buy) [3][10][11]
Protiviti Named a 2024 Fortune Best Workplace in the Bay Area
Prnewswire· 2024-06-13 15:29
MENLO PARK, Calif., June 13, 2024 /PRNewswire/ -- Global consulting firm Protiviti has been named to the Fortune Best Workplaces in the Bay Area 2024™ list. This marks the sixth time the company has made the highly competitive list, which recognizes organizations based in the San Francisco Bay Area that have established themselves as one of the best workplaces among companies headquartered in the region. The Fortune Best Workplaces in the Bay Area list was determined based on the review of nearly 80,000 con ...
Protiviti Launches Generative AI Tools to Empower Clients and Enhance Internal Operations
Prnewswire· 2024-06-12 12:05
Core Insights - Protiviti has launched ProtivitiGPT, a generative AI application aimed at enhancing business solutions and operational efficiencies for its employees and clients [2][3] - The firm emphasizes the importance of governance and training in AI implementation to ensure effective use and risk management [5][9] Company Overview - Protiviti is a global consulting firm providing expertise in various sectors including finance, technology, operations, and risk management, with over 90 offices in more than 25 countries [6][10] - The company is a subsidiary of Robert Half Inc., a member of the S&P 500 index, and has a strong client base, serving over 80% of Fortune 100 and nearly 80% of Fortune 500 companies [7][10] AI Implementation and Client Engagement - Protiviti's AI solutions are designed to help clients improve processes, identify new business opportunities, and enhance competitive advantage [3][8] - The firm has observed a significant increase in client interest in AI solutions, with adoption rates four times higher than in 2023 [9] - Protiviti collaborates with clients to develop customized AI governance approaches, ensuring control over data and addressing potential risks associated with AI initiatives [5][9]
Robert Half Wins Stevie® Award for AI and Machine Learning
Prnewswire· 2024-05-21 00:00
Core Insights - Robert Half has been awarded the Stevie Award in the category of Best Artificial Intelligence/Machine Learning Solution for its innovative AI capabilities that enhance client, candidate, and employee experiences [1][4]. Group 1: AI Tools and Solutions - Robert Half utilizes a unique database of over 30 million professionals to develop proprietary AI tools that improve candidate discovery, assessment, and selection, as well as optimize client outreach [2]. - The AI Recommended Talent (ART) tool provides real-time candidate selections based on skills, job titles, and work history, allowing recruiters to create shortlists of candidates who are active in the job market and closely match client requirements [2]. - The AI Recommended Client (ARC) tool employs machine learning algorithms to enhance client outreach by prioritizing the right customers at the right time, delivering a personalized customer experience [3]. Group 2: Company Commitment and Recognition - The recognition from the Stevie Awards highlights Robert Half's commitment to innovation and the use of AI and machine learning to enhance customer experiences [4]. - The company emphasizes the importance of combining AI technologies with the expertise of specialized recruiting professionals to secure top talent for clients [4][5]. - Robert Half has received accolades such as being named one of the Fortune Most Admired Companies and a Forbes Best Employer for Diversity, showcasing its strong market position and commitment to excellence [6].
Glassdoor Names Protiviti Among the Best-Led Companies in the U.S.
Prnewswire· 2024-05-17 13:00
About Protiviti Protiviti (www.protiviti.com) is a global consulting firm that delivers deep expertise, objective insights, a tailored approach and unparalleled collaboration to help leaders confidently face the future. Protiviti and its independent and locally owned member firms provide clients with consulting and managed solutions in finance, technology, operations, data, digital, legal, HR, risk and internal audit through a network of more than 90 offices in over 25 countries. Named to the Fortune 100 Be ...
Robert Half(RHI) - 2024 Q1 - Quarterly Report
2024-05-02 17:07
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________ FORM 10-Q ______________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM to . Commission File Number 1-10427 ROBERT HALF INC. (Exact name of registrant as specified in its charter) Delaware 94-164875 ...
Robert Half(RHI) - 2024 Q1 - Earnings Call Transcript
2024-04-26 02:12
Robert Half Inc. (NYSE:RHI) Q1 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Company Participants Keith Waddell - President and CEO Michael Buckley - CFO Conference Call Participants Andrew Steinerman - JPMorgan Mark Marcon - Baird Princy Thomas - Barclays Trevor Romeo - William Blair Jasper Bibb - Truist Securities Heather Balsky - Bank of America Stephanie Moore - Jefferies Jeff Silber - BMO Capital Markets George Tong - Goldman Sachs Kartik Mehta - Northcoast Research Operator Hello, and welcom ...
Robert Half(RHI) - 2024 Q1 - Quarterly Results
2024-04-25 20:01
FOR IMMEDIATE RELEASE Exhibit 99.1 Contact: M. Keith Waddell President and Chief Executive Officer (650) 234-6000 ROBERT HALF REPORTS FIRST-QUARTER FINANCIAL RESULTS MENLO PARK, Calif., April 25, 2024 — Robert Half Inc. (NYSE symbol: RHI) today reported revenues and earnings for the first quarter ended March 31, 2024. Robert Half management will conduct a conference call today at 5 p.m. EDT. The prepared remarks for this call are available now in the Investor Center of the Robert Half website (www.roberthal ...