Definition, Meaning & Synonyms
salary-range
noun
/ˈsæl.ə.ri reɪndʒ/
Definition
A salary range is the minimum and maximum amount of money that an employer is willing to pay for a specific position or job role.
Examples
- When applying for the job, I asked about the salary range offered by the company.
- The salary range for this position is between $50,000 and $70,000, depending on experience.
Meaning
It represents the spectrum of pay for a particular job, helping both employers and employees understand the expected compensation for the job duties involved.
Synonyms
- compensation range
- pay scale
- wage bracket
