That’s a strategy, for sure, but not a great one.
I think it's a horrible idea to hire someone with 5 years in tech X, 4 years in tech Z, and 6 years in method H, who wants to work for 140-150k.
I would rather interview people for a range, and if you find an awesome human - take them.
Or at least, that’s what it tells me as a 20 year veteran of this business.