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Descript’s go-to system for driving fair and equitable compensation decisions.

Descript
Descript
Summary

background

Descript
Painpoints
Challenge

Painpoints
Solution

Results

1

Source of  truth for compensation information

Descript provides all-in-one audio and video editing that's as easy as a doc and as powerful as professional tools, with simple but intuitive features made for creators. Built for the modern creator, it eliminates the drudgery that often stands between an idea and its expression, Descript allows creators to focus on developing their craft instead of their usage of tools.

Descript

About Descript

Descript provides all-in-one audio and video editing that's as easy as a doc and as powerful as professional tools, with simple but intuitive features made for creators. Built for the modern creator, it eliminates the drudgery that often stands between an idea and its expression, Descript allows creators to focus on developing their craft instead of their usage of tools.

Highlights

Painpoints
  • No central system for all compensation information
  • Difficulty operationalizing market data
  • Team was maintaining multiple, complex spreadsheets
  • Need to empower stakeholders with segmented self-service access to updated compensation data
  • Compensation review cycle approaching quickly on a shortened timeline
Key Results
  • Single source of truth for compensation information
  • Greater confidence in comp bands
  • Streamlined, synced systems
  • Increased pay transparency and self-serve access for stakeholders
  • Streamlined salary and equity review cycle

The Challenge

The Descript team needed a solution that would help them centralize all comp information in a single platform which would give stakeholders segmented access to data and enable people leaders to make informed decisions quickly. Ideally, the team needed a solution that was intuitive, easy to maintain, and would seamlessly support their upcoming compensation review workflows.

Requirements

Guidance / Partnership

Descript sought a system that would address the needs of the whole organization – not just the People team and wanted a foundation from which to publish the company Compensation Philosophy from.

Collaboration

Descript sought a trusted partner that would deliver more than just a software tool. The team wanted a partner to help elevate their compensation philosophy and program design while ensuring they could remain competitive, fair, and equitable.

Ease of Use

As a rapidly growing organization, Descript needed a solution that would scale with the company. They sought a solution that supported all existing compensation workflows, that was easy to update and maintain, and one which offered an intuitive user experience.

The solution

In search of a solution that would address their immediate needs for the upcoming compensation cycle and needing support as they evolved their compensation practices, Descript decided to partner with Assemble as the best provider to meet their needs and requirements.

1

Source of  truth for compensation information

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Partnership Impact

Descript now uses Assemble to give stakeholders self-serve access to up to date employee and market data, which has created confidence and transparency around compensation decisions. Descript leveraged Assemble to conduct company-wide compensation review cycle and equity refresh analysis on time and with clarity. In using Assemble, the Descript team was able to address each of the pain points they were initially facing and now has a platform and partnership to scale with their future growth.

Discover why thousands of others have chosen Assemble.

Assemble UI shot