See below image for the Salary band structure diagram. Salary Bands. Salary Bands (or Pay Ranges) are how you define the target pay for employees within Job Grades. For each Level, a company should decide the low-end and high-end of the pay that Level will command.
Using a traditional salary structure, one job at the organization can have a salary range of $35,000 to $60,000, with the following pay grades: Companies that use the traditional salary structure may appreciate that it gives employees the opportunity to get promoted from one pay grade to the next.
However, what makes the broadband salary structure different is that it consolidates many pay grades into a few broader bands of pay, meaning there are fewer pay grades and each one has a wider salary range. Using a broadband salary structure, one role at the company may have a salary range of $45,000 to $80,000, with the following pay grades: