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1948: Accountemps and Robert Half Finance & Accounting are established.
Learn about Robert Half’s history and see how innovation and high ethical standards have taken us from a small operation in 1948 to the world’s largest specialized staffing firm with offices across the globe.
By 1985, there were 150 independent Robert Half and Accountemps franchises.
In 1985 Harold M. "Max" Messmer, Jr., assumed the presidency of Robert Half Inc.
In 1987, after being divested by Boothe, Robert Half International Inc. went public, and Messmer became chief executive officer as well as president.
In 1990, RHI's concentration on accounting and financial temporary placements helped avoid much of the price war, and the company could afford to acquire Wayne S. Mello & Associates, a financial recruiting firm in Florida.
Total employment in the United States began to grow in the last half of 1993 and RHI's permanent placement business finally started to improve as a result.
1993: Company expands operations to Europe.
By March 1994, the company had acquired all but four of the original 150 Robert Half and Accountemps franchises.
As CEO Messmer explained in a 1996 Barron's article, "Smaller outfits don't have the clout to attract professionals--accountants, medical workers, technicians, programmers--who can deliver the highest margins for the temp company, because the smaller firms don't offer jobs across the country."
The new venture broke even in 2003, earning $133 million, 7 percent of Robert Half's revenues during the year.
Disclaimer: From Fortune. ©2022 Fortune Media IP Limited.
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Robert Half may also be known as or be related to Robert Half, Robert Half International, Robert Half International Inc, Robert Half International Inc., accountemps and Robert Half Finance & Accounting.