When looking at job postings, how should we interpret the salary range? Sometimes the range has a delta of $100k between min and max.

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Those salary bands generally relate to the position, but the wide variation within them would take into account someone's experience. That's the conventional explanation. So if you try to negotiate for the high end of the range, you'll usually be told that's what someone with more experience would be receiving. As you note, sometimes the band is so wide that it's essentially pointless.

My former and current company both target hiring at 80% of the median salary. That is just a guideline and there are cases they go all the way up to the median. But very rare to go above that for stating salary.

In talking with a recruiter about the "range" they pposted, they provided a great explanation they advised experience and location are the biggest factors. You should ask for the higher end of the scale if you live in high rent districts, i.e. New York, LA, etc.

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