September 20, 2013
I can appreciate the premise behind this proposed piece of legislation, however I believe the unintended consequences would be a bigger detriment than the benefits.
It's hard enough trying to maintain a positive company culture without publically comparing CEO pay to the rest of the employees. Most regular wage earners don't understand how and why CEO pay is as high as it is all they will see is a figure and not take the time to "discern" what the ratio means. If you already have a disgruntled culture this will only add fuel to the fire as well as heap additional federal paperwork on the HR department.