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One of the reasons why listed salary ranges for a role may be very wide initially is that interview performance can determine your level and hence your compensa
by zuhayeer 5y ago
One of the reasons why listed salary ranges for a role may be very wide initially is that interview performance can determine your level and hence your compensation. So you really have to wait until after you interview to know your true compensation range. Many companies usually don't disclose level outright when you are applying, it's usually a more general application you fill out initially (you'll almost never see an "L5" job listing). Once you know the specific level though, you can get much tighter ranges (by looking at sites like Levels.fyi – disclosure: I'm a founder). But even then, there are also out-of-band offers that companies can give out if you're a really strong candidate or have a valid enough reason (ie to buy out your unvested stocks etc), so should this be reflected in the range too? Then the range listed would become even wider and can misdirect people's expectations since not many people would actually get to that high end.
But then again even knowing that range is super helpful regardless, and the Equal Pay Act has been instrumental in helping candidates not get lowballed. And before that, employers basically always asked what your current salary was, which is still unfortunately almost a required question candidates have to answer in other parts of the world. So all steps in the right direction, but there is some level of nuance where job listings as they are today are slightly divorced from the actual role / level / team that you end up at.
We're working on building a job board specifically to help solve this. We plan to have roles within specific levels of experience and with much tighter ranges using the leveling standard we've developed as a backbone: https://levels.fyi/standard/ https://levels.fyi/standard/
We're also hiring! And we list our salary ranges here: https://levelsfyi.notion.site/Levels-fyi-Careers-969edc750f144e8b9fc6a197e0717523 https://levelsfyi.notion.site/Levels-fyi-Careers-969edc750f1...