If the budgeted range is 200-400k (it's very likely not) then it's an accurate post. It also shows the applicant that they can get 300k or more if they have a g

If the budgeted range is 200-400k (it's very likely not) then it's an accurate post. It also shows the applicant that they can get 300k or more if they have a good argument for it beyond "I want it."