Instead of capping (which people for whatever reason don't seem to like) why not propose a lower bound for regular employees of 1/100th of the CEO's total compensation?

CEO wants to make $20M? Nobody in the company can make less than $200k. Seems fair to me.

> CEO wants to make $20M? Nobody in the company can make less than $200k. Seems fair to me.

This seems likely to result in a situation where any work that can be is performed by external contractors not "in the company". Unfortunately, it's very hard (or maybe impossible) to legislate what things should cost.

Why do you think the operation of a complex decentralized economic system would be improved for workers if it operated according to some rules that you think are fair?

I agree, except I would prefer we use median or mode compensation. It would probably paint a fairer picture. But debatable.

Salary transparency at all levels would help quite a bit. The SEC rules around required pay package disclosure for execs is a major reason that CEO pay spiked in the 90s. You gain a good amount of negotiation leverage when you know exactly how much each or your peers are making.

We're working on salary transparency across different levels with our website http://levels.fyi (mainly software engineering to start).

We were thinking of launching an executive version of our site. Still in our plans down the road, but it'd require people willing to submit their compensation to our site in a verified way. We're still brainstorming, but there's a lot more nuance at upper levels where people negotiate across way more things than just strictly compensation.