If I understand correctly they basically list what other people in the same role in the same company are paid. E.g. the company has 5 junior software developers

If I understand correctly they basically list what other people in the same role in the same company are paid. E.g. the company has 5 junior software developers and they are paid between 40k and 60k€ then that must be listed as the range if a new junior software developer is recruited.