Do you have the instructions for the Sennheiser G3 kit? If not, strongly suggest downloading it and studying it. The setting on the transmitter is based entirely on the sensitivity of the microphone and the loudness of the source. It is NOT “set at 40%”. NO! That setting MUST be optimized for whatever you are micing.
According to the manual PDF that I downloaded, both the transmitter and receiver have audio level indicators on the LCD screen. As I said before, FIRST set the transmitter level so that the indicator shows good movement, but not so high that it peaks/clips on loud sounds. And setting it too low is not good either because you leave the signal “down in the mud” of the noise floor.
The receiver level can be set for the default “40%” and then set the recorder level for optimal recording levels.
Proper “gain-staging” means that the audio level must be set at the optimal point at EACH AND EVERY STEP in the signal-chain and each step should be optimized before moving on to the next step. The transmitter level must be optimized FIRST before anything else. THEN the receiver level can be set.
Now, it is possible that the receiver level only adjusts the output level of the receiver, so there is some interaction with the input level of the next stage (the recorder). So if you set the receiver output on the high side, the input of the recorder could compensate by setting on the low side, and vice-versa. But even there, setting the receiver TOO HIGH means that the recorder is operating at a low input setting (to keep the audio levels proper) and that is not desirable. Nor is the converse (setting the receiver too low, and compensating by setting the recorder input higher than “normal”.
If you are unfamiliar with setting audio levels (or how to read the indicator on some new piece of gear), plan on spending an hour offline experimenting with your gear. Deliberately set the level of each stage too high and see what happens. And too low and see what happens. That will give you a feel for the “sweet spot” of each piece of gear. After you get some experience recording audio with your gear, you will get the “feel” for getting the levels set properly as indicated by the readings on the gear.
Generally if an adjustment is down in the lower 20% of its range, it makes me think that the incoming signal is “too hot” and should be adjusted down by the gear in the previous step in the chain. And if an adjustment is set in the upper 30% of its range, it makes me think that the incoming audio signal is too low and needs to be boosted by the previous stage. This applies to the receiver, the recorder, and the camera, but not necessarily to the transmitter.
The transmitter is a special case where there IS NO “previous step”, so if you have to adjust the transmitter level down really far because your source is very loud, beware of the microphone itself distorting from inability to handle very high sound pressure levels. And conversely, if you find that you have to adjust the transmitter level way up almost to the top of the range, then consider that you may need a more sensitive microphone, or you may need to get the microphone closer to the source, etc.