What is Pay Range? A Comprehensive Guide to Its Legal Definition

Definition & Meaning

A pay range is a defined spectrum of compensation that outlines the minimum and maximum salary or wage for a specific job or position. This range is determined through a combination of job analysis, evaluation, and market research. Establishing a pay range is essential for ensuring fair compensation practices, whether set by private employers or mandated by federal and state laws, particularly for public sector employees.

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Real-world examples

Here are a couple of examples of abatement:

Example 1: A company establishes a pay range of $50,000 to $70,000 for a marketing manager position based on industry standards and internal evaluations.

Example 2: A public sector job may have a pay range set by state law, such as $40,000 to $60,000 for a social worker, ensuring compliance with public salary guidelines.

State-by-state differences

State Pay Range Guidelines
California Employers must provide pay scale upon request.
New York Requires disclosure of pay ranges in job postings.
Texas No specific pay range laws; companies set their own policies.

This is not a complete list. State laws vary, and users should consult local rules for specific guidance.

Comparison with related terms

Term Definition Difference
Salary Band A broader range of pay that includes multiple pay ranges. Salary bands encompass multiple positions, while pay ranges focus on individual jobs.
Compensation Package The total remuneration offered to an employee, including salary, benefits, and bonuses. Compensation packages include pay ranges but also consider additional benefits.

What to do if this term applies to you

If you are an employer, consider establishing clear pay ranges to ensure fair compensation practices. If you are an employee, research your job's pay range to negotiate effectively. Users can explore US Legal Forms for templates that assist in creating pay range policies or employment contracts. For complex situations, seeking professional legal advice may be beneficial.

Quick facts

  • Typical pay range: Varies by industry and job role.
  • Jurisdiction: Applicable in all states, but regulations differ.
  • Potential penalties: Non-compliance with pay transparency laws can lead to fines.

Key takeaways

Frequently asked questions

A pay range is the spectrum of compensation for a specific job, including minimum and maximum salary limits.