I’d also add that companies/government offices should not be permitted to pay any employee more than 100x the annual income of their lowest paid employee.

Sadly this wouldn't be difficult to loophole. Today's corporations would simply create nested contracting companies. As in, top execs would be one company where the lowest paid employee is a highly compensated Executive VP and the highest the CEO. The next step down being Senior VP that reports to that Executive VP would be the highest paid employee in a separate company that is contracted to the first company housing the high execs. Repeat until you get to the person that waters the flowers in the lobby.

Here's a visual to show the relationships between these companies and the contract linkage: