I can only speak for when I was a hiring manager and we called them bands, but it was essentially the same thing. We attached a band to every job posting and we would occasionally interview promising candidates and offer them the top end of a lower band or we'd offer them a more junior position with a promise of an early promotion review. Some took it, some didn't.
We've a system at my employer that has a 5" floppy, IDE CDRW drive (yes they exist) with USB 1 so that we can pull off some really ancient software every couple years.
I use CentOS, it updates about a month after redhat doses for the OS and a bit more frequently for most packages in my experience. It's also what >80% of my company uses for there server infrastructure.