"You can pay your CEO whatever amount you want so long as it isn't 50 times more than the lowest hourly wage times 2080 that you pay any employee of yours, any contractor of yours, or any of their subcontractors."

At a $10/hour minimum wage, that's a range between $20,000/year and $1,000,000/year.

Which is much better gap than $20,000/year and $2,284,044,884/year. [1]

1: https://www.insidermonkey.com/blog/10-highest-paid-ceos-in-t...

Make the multiplier 500 instead of 50. Society determines what a "fair" value is and it might change over time.