While that’s a highly laudable notion, who gets to set their pay? Certainly no one who has mutual interests, investment portfolios, or plays golf on the same course.
So as long as we’re (trying to re-create the plot of TRON by) placing 'A.I.'s in positions of power, how about instead making a rule that the company stock cannot be traded on a public market if their chief executive’s pay is higher than some governmentally set ratio of the median employee wage? (e.g. 3.14…) How’s that for: policies that shall never happen?