The major reason why it is important to post the minimum, midpoint, and maximum pay range when posting a job vacancy is so candidates know the:
When a prospective employer posts up a job vacancy advertisement, it is important that the employer posts the minimum, midpoint and the maximum pay range so that the candidates would be better informed about the salary scale.
With this in mind, we can see that this helps the prospective employees to know just how much they are expecting to be paid as they know the different pay ranges for the job advertised.
Read more about pay range here:
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