Case Study: How Dropbox saved 4,000+ hours a year and lifted manager satisfaction to 85% with Pave
Key results
The challenge
Dropbox ran compensation planning for a large distributed workforce and was spending roughly 6,000 hours annually on the process. Manager satisfaction with the comp-planning experience was low, and candidates and employees lacked an intuitive view of their total rewards.
The solution
Dropbox adopted Pave's Compensation Planning and Total Rewards tools, consolidating merit, bonus, equity, and promotion cycles and introducing visual offer letters and a Total Rewards portal.
“The first reaction from our team was that the process felt dramatically simpler. We can now focus on higher-value work and improving the experience for managers and employees.”
EXElle XingSenior Director of Compensation and People Technology, Dropbox
The results, in context
Dropbox reported saving more than 4,000 hours per year across its two compensation cycles, about 1,600 hours on the mid-year promotional cycle and over 2,800 hours on the full merit, bonus, and equity cycle. Manager satisfaction with comp planning rose from 47% to 79% in the first cycle and to 85% by the second, while 75% of employees logged into the Total Rewards portal and candidates reached 100% visual offer utilization.