"An employer cannot post a $70,000-$100,000 range for a junior accountant position just because it pays senior accountants at the high end of that range. But it can post $70,000-$100,000 for an accountant if it does not limit the posting to junior or senior accountants, and genuinely might offer as low as $70,000 for a junior accountant, or as much as $100,000 for a senior one."
https://cdle.colorado.gov/equalpaytransparency https://cdle.colorado.gov/sites/cdle/files/INFO%20%239_%20Eq...
Without this broad range, someone new to the industry, like a college grad, has no idea what the low range is. This at least prevents those people from getting lowballed and finding out later.
I’ve seen smart techies who are bad or oblivious to money subjects get way under paid, only to learn later, huge discrepancies in pay with the same or lower grade position due to other factors like gender, race, etc.