Business Description
Robert Half International Inc. (the "Company") provides specialized
staffing and risk consulting services through such divisions as Accountemps',
Robert Half' Finance & Accounting, OfficeTeam', Robert Half' Technology, Robert
Half' Management Resources, Robert Half' Legal, The Creative Group', and Protiviti'.
The Company, through its Accountemps, Robert Half Finance & Accounting, and
Robert Half Management Resources divisions, is the worlds largest specialized
provider of temporary, full-time, and project professionals in the fields of accounting
and finance.
OfficeTeam specializes in highly skilled temporary administrative support personnel.
Robert Half Technology provides information technology professionals. Robert
Half Legal (formerly The Affiliates') provides temporary, project, and full-time
staffing of attorneys and specialized support personnel within law firms and
corporate legal departments. The Creative Group provides project staffing in
the advertising, marketing, and web design fields. Protiviti began operations
on May 2002 and provides business and technology risk consulting and internal
audit services. Protiviti, which primarily employs risk consulting and internal
audit professionals formerly associated with major accounting firms, is a wholly-owned
subsidiary of the Company.
The Company believes that direct ownership of offices allows it to better monitor
and protect the image of its tradenames, promotes a more consistent and higher
level of quality and service throughout its network of offices and improves
profitability by centralizing many of its administrative functions. Since 1986,
the Company has significantly expanded operations at many of the acquired locations,
opened many new locations and acquired other local or regional providers of
specialized temporary service personnel. The Company has also expanded the scope
of its services by launching the new product lines OfficeTeam, Robert Half Technology,
Robert Half Management Resources, Robert Half Legal and The Creative Group.
The Companys temporary and permanent staffing services face competition in
attracting clients as well as high-quality specialized employment candidates.
The temporary and permanent placement businesses are highly competitive, with
a number of firms offering services similar to those provided by the Company
on a national, regional or local basis. In many areas the local companies are
the strongest competitors. The most significant competitive factors in the temporary
and permanent placement businesses are price and the reliability of service,
both of which are often a function of the availability and quality of personnel.
The Company believes it derives a competitive advantage from its long experience
with and commitment to the specialized employment market, its national presence,
and its various marketing activities.
The principal competitors of Protiviti remain the "big four" accounting
firms. Significant competitive factors include reputation, technology, tools,
project methodologies, price of services and depth of skills of personnel. Protiviti
believes its competitive strengths lie in its unique ability to couple the deep
skills and proven methodologies of its "big four" heritage with the
customer focus and attention of a smaller organization.
110.18 %