This would incentivize paid CEOs that lack equity to hire more people and fire fewer people, even if it wrecked the business. Sometimes businesses need to decrease the employee headcount if revenue is declining or they won’t be able to pay anyone. I understand your desire to be more inclusive and have less pay disparity, but the best way to do that is with taxing the ultra wealthy and giving a certain amount back to the lower classes rather than actually try to alter market forces that would result in unusual inefficiencies and problems. A big reason why we have capitalism is to make sure things like food and other essentials are supplied In sufficient quantities. I am not in favor of unregulated unchecked capitalism, but the idea that we can pay CEOs more as wages go up for everyone in the company is an idea that only will work well with smooth sailing. Any rough waters and that idea won’t make sense. (This post is not condoning extreme poverty which is due to the poor policies of many elected leaders.)