Why Your Pay Bands Are Wider Than You Think

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Why Your Pay Bands Are Wider Than You Think

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Episode 29 of The Compensation Podcast explores the surprising gap between published pay ranges and actual hiring decisions. Lucas and Luna dig into a 2025 study from the University of Toronto and Payscale showing that the average pay band spans 40% from minimum to maximum, but most new hires land in the lower third. They discuss how companies use 'range penetration' metrics to control costs, why some managers inflate ranges to attract candidates, and what you can do when your offer falls below the midpoint. The hosts also touch on the 2026 trend of real-time pay band adjustments in tech and professional services. A practical episode for anyone navigating salary negotiations or internal promotions. #PayTransparency #SalaryNegotiation #Compensation #PayBands #RangePenetration #Hiring #Careers #Business #FexingoBusiness #BusinessPodcast #LucasAndLuna #PayEquity #SalaryData #Payscale #UniversityOfToronto #NegotiationStrategy #TotalComp #JobOffer Keep every episode free: buymeacoffee.com/fexingo

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