It sounds interesting, but would be easy to scheme one’s way around. Like I’m the CEO of the company, and I only make X times the lowest-paid employee’s pay, but I managed that by putting all the lower-level functions into a technically independent company that then contracts to serve my company. So the security guards, janitors, cafeteria workers, secretaries, etc., are all employees of that service company, rather than my company.

Private corporations are better off when the government (which is failing on all fronts, running the country into massive debt) leaves companies alone to run successful businesses.