The salary ratio seems fraught with issues.
Would it eliminate stock options as an incentive?
What happens if you own the company?
Would it create an incentive to automate or outsource the lower paid employees?
I like the idea behind it but can't see it standing up to the practical issues.
Another issue that might arise is raises for the top people at smaller companies. I can see a lot of top employees being bumped up to the ceiling simply because it exists and is in the open.
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