For instance, let’s say you’re planning to hire a mid-level Product Manager in New York City. A salary range example might look like $153,000 - $187,000 (using the 50th percentile as a midpoint). While it seems straightforward, a salary range can be a tough thing to get ...
Although it takes more effort and time to determine salaries for brand-new positions, after you’ve established a salary range once, you’ll be able to use it as a starting point when hiring more employees for the same or similar roles. Here are four best practices for determining employee...