> On salary: We previously had a program where we gave significant monthly raises in effort to drive fair and aggressive compensation in an ongoing basis. The goal was to pay more, not less, by forcing a review and adjustment on a regular cadence. However, we decommissioned that system in favor of standard offers because we struggled for a lot of reasons you pointed out about complexity. Based on a few debriefing conversations with candidates, we learned and changed to a bog standard system; now all offers are in the range listed (or higher.)

To be honest, this is a pretty bad answer to his claim. If you advertise 140 minimum, don't offer 120. This is unethical, you should edit your posting.