Pros
Focus on better corporate governance and internal controls in financial reporting created new accounting and finance jobs, which in turn benefited Robert Half. The company is expected to continue benefiting from favorable demand for financial services professionals. Management believes that the company should benefit from a shift to the higher margin Permanent Placement business from the Temporary Placement division.
Cons
Although the company benefited from double-digit revenue growth in 2007, concerns remain about an economic slowdown negatively impacting staffing companies like Robert Half. The operating margin is contracting, primarily due to weak international operations at Protiviti, which embarked on an aggressive global office expansion program at the same time revenues
