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Salesforce CEO Marc Benioff told CNBC’s Jim Cramer on Wednesday that some business executives were surprised by employees’ desire to continue working from home.
“A lot has changed for our clients in this new world, be it Europe or the United States, and one of them really is the return to work,” Benioff said in an interview on “ Mad Money “. “The phenomenon that I see happening globally is not that as many employees are returning to their offices locally as any CEO expects.”
Benioff’s comments came shortly after the enterprise software maker released its second quarter financial results, with revenue and earnings per share exceeding Wall Street expectations, according to Refinitiv. San Francisco-based Salesforce also raised its guidance for the full year following its acquisition of the communications app Slack.
While Benioff said Salesforce’s business was strong and he was once again traveling for work, the executive believes the Covid pandemic has fundamentally changed aspects of the business world.
“You are really starting to see very low attendance figures in offices because the employees are very productive at home. They can do their work at home. They can be successful from anywhere. Businesses and our customers are successful. It’s amazing, but the way they do it has completely changed. “
Executives have taken different approaches to phase out Covid-era remote work policies, with some placing more emphasis on returning to the central office than others.
Salesforce is one of the companies that gives employees significant flexibility in where to permanently work after the pandemic is over. Benioff, who also co-founded Salesforce, previously told CNBC he expects around 50% to 60% of the company’s employees to work remotely after Covid, up from around 20% before the health crisis.
Many other large companies that had planned to accelerate plans to return to the office this fall have delayed those efforts due to the highly transmissible delta variant, which has sparked a resurgence in coronavirus cases, hospitalizations and deaths in the United States. United.
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