I have no qualms about removing the cap but one simple condition: Pay rate is at least 90th percentile for the company or the industry as a whole, which ever is

I have no qualms about removing the cap but one simple condition: Pay rate is at least 90th percentile for the company or the industry as a whole, which ever is greater. The more you hire (and if your company is a consultant company), the higher the salary gets pushed up because according to the corporation, it can't find skilled workers to do the job. Well, if you can't, then they must be quite valuable, so you should then compensate them and pay for it. It'll be a bit costly, according to the company, is worth it because there's no one else to do the work.