Hey Can anyone help me about with this - Are there Grades and bands in private companies also !!

Yes

Can you lmk the details @Wristy

Each industry has a different one.

For Designers in Healthtech

Oh yes, of course. Typically, you would need to carry out a job evaluation exercise - that would help you in evaluating the internal and external 'worth' of jobs. For example, how does the Talent Acquisition Head for a 50-people startup compare with the Accounts Payable Head of the same startup? And maybe with a Talent Acquisition Manager at a 25,000 employee company.... This helps you in deciding the midpoints of the pay ranges and the ranges as well. Otherwise, you are likely to be shooting in the dark when it comes to deciding pay.

Thanks