A pay range is the minimum to maximum salary or hourly rate an employer will pay for a specific role or job grade. Pay ranges are set based on market data, internal equity, and the level of the role, usually with minimum, midpoint, and maximum anchors. In 2026, pay transparency laws in California, Colorado, New York, Washington, Illinois, and other jurisdictions require employers to disclose pay ranges in job postings, making range design a compliance question as well as a comp strategy question.
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