What are the advantages of establishing pay ranges


Answer the following within a word limit of 250 words:

Q1: What are the advantages of establishing pay ranges, rather than specific pay levels, for each job. What are the drawbacks to this approach?
 
References
 
Noe. (2010). Fundamentals of Human Resource Management, 4th Edition, which is located at below url:

https://online.vitalsource.com/#/books/125939543X/

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