Wage or Salary Range

Under the provisions of Virginia Senate Bill 1132, 'Wage or salary range' is defined as the minimum and maximum compensation an employer, in good faith, expects to pay for a specific position. This range is to be determined by referencing applicable pay scales, previously established ranges for similar roles, the actual compensation of current employees in equivalent positions, or the budgeted amount allocated for the role. The bill mandated the disclosure of this range in all job postings, both public and internal, to enhance transparency and empower prospective and current employees with crucial information for negotiation and career planning.

A wage or salary range refers to the spectrum of compensation, typically expressed as a minimum and maximum hourly wage or annual salary, that an employer is willing to offer for a particular job or position. This range is often determined by factors such as market rates, the complexity of the role, required skills and experience, and internal pay equity considerations. Pay transparency laws increasingly require employers to disclose these ranges in job postings to provide applicants with clear expectations and to promote fairness in compensation discussions.

The range of compensation, from the lowest to the highest amount, that an employer reasonably expects to pay for a specific position. Employers are required to disclose this range to job applicants after an interview and to eligible current employees seeking promotion or transfer upon request.