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.