entry level job; salary range $30,000 - $150,000 depending on qualifications and experience; 10 yrs experience required; high school diploma required, Phd preferred
My last job had close to that range. There is a hiring range is typically 50-70% of the maximum. Below 50% is the developmental range for laddering underqualified internal hires. Over 70% is for very experienced, overqualified candidates. Generally employers won’t go more than 85% of max because they need a couple years of cushion for salary increases. If they hire at max they know the candidate is going to be back on the market in a year.
It almost seems like it would be better to quote only the range at which they intend to actually hire, rather than dangling the best case maximum you could ever potentially earn at the absolute pinnacle of your tenure in the position. But maybe other smarter-than-me people expect the top number to mean that?
I don’t entirely disagree with you. But the higher range is there to attract those hyper-qualified candidates. If you drop the bottom then candidates feel that you are offering them the bare minimum. There’s kind of no winning here.
entry level job; salary range $30,000 - $150,000 depending on qualifications and experience; 10 yrs experience required; high school diploma required, Phd preferred
apply today!
Sorry we’ve decided to move forward with other candidates (You’re not the VP’s son).
1 month later, the exact same job posting is listed again
New recruitment process, who this?
Weird way to spell required
My last job had close to that range. There is a hiring range is typically 50-70% of the maximum. Below 50% is the developmental range for laddering underqualified internal hires. Over 70% is for very experienced, overqualified candidates. Generally employers won’t go more than 85% of max because they need a couple years of cushion for salary increases. If they hire at max they know the candidate is going to be back on the market in a year.
It almost seems like it would be better to quote only the range at which they intend to actually hire, rather than dangling the best case maximum you could ever potentially earn at the absolute pinnacle of your tenure in the position. But maybe other smarter-than-me people expect the top number to mean that?
I don’t entirely disagree with you. But the higher range is there to attract those hyper-qualified candidates. If you drop the bottom then candidates feel that you are offering them the bare minimum. There’s kind of no winning here.
(We will always offer you pay on the lower end of the scale)
High school diploma is barely an entry barrier, completely reasonable IMO for anything other than a factory button-pusher.
“High school diploma required; PhD preferred” translates to “we’re only reading this application if you have a PhD or we get no other applicants”.
You missed the point