What Is a Salary Range?

What Is a Salary Range?

A salary range is the minimum and maximum base salary an organization will pay for a specific role. For example, if the lower salary for a job is $50,000 and the higher salary is $100,000, the salary range is $50,000-$100,000.

During the interview process, hiring managers will as, “what are your salary ex-pectations?” to understand if your expected salary is within their salary range.

A salary range is the minimum and maximum base salary an organization will pay for a specific role. For example, if the lower salary for a job is $50,000 and the higher salary is $100,000, the salary range is $50,000-$100,000.

A salary range is also the difference between the lowest and highest salary that an employee wants to receive if they join the team.

In general, salary ranges include low, mid-point, and maximum salaries. For example:

  • $50,000 (bottom of the range)
  • $75,000 (average salary)
  • $100,000 (maximum)
  • Range: $50,000-$100,000

This article discusses the use of salary ranges, how to determine a salary range, the factors that affect it, and how to negotiate your salary with hiring managers.

Leave your thought here

Your email address will not be published. Required fields are marked *