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by mxcrossr
1853 days ago
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> Another pattern is listing the range as 40-250k so the disclosure is effectively nothing. This feels like a losing strategy as other employers will be posting tighter ranges which will get more applications. Especially if the lower bounds is too low. Hopefully this sorts itself out. |
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A lower floor encourages more people to accept mid-range offers because nobody likes getting an offer in the middle of the range.
If someone gets an $80K offer for a job with a $40K-$250K range, they are happy to be paid twice as much as what they assume entry-level employees get, and they’re happy because they think they can grow into the $250K range if they work hard enough.
However if someone receives the same $80K offer on a listing with an $80K to $110K range, they’re going to be upset that they were given the lowest possible value and also concerned that there isn’t much room to grow.
In our case, we have a wide salary range because we hire everywhere from juniors without college degrees up through ex-FAANG employees. We don’t set out with an exact compensation or seniority in mind when we start recruiting.