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by PragmaticPulp
1860 days ago
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A higher upper limit encourages more applications because people see the company has room to grow. 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. |
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