My last job had close to that range. There is a hiring range is typically 50-70% of the maximum. Below 50% is the developmental range for laddering underqualified internal hires. Over 70% is for very experienced, overqualified candidates. Generally employers won’t go more than 85% of max because they need a couple years of cushion for salary increases. If they hire at max they know the candidate is going to be back on the market in a year.
My last job had close to that range. There is a hiring range is typically 50-70% of the maximum. Below 50% is the developmental range for laddering underqualified internal hires. Over 70% is for very experienced, overqualified candidates. Generally employers won’t go more than 85% of max because they need a couple years of cushion for salary increases. If they hire at max they know the candidate is going to be back on the market in a year.