Also don't base it on a fixed number as a minimum. It has to automatically track inflation. A good start would be: the GREATER of the 75th percentile of wages

Also don't base it on a fixed number as a minimum. It has to automatically track inflation. A good start would be: the GREATER of the 75th percentile of wages for a given job category, and if multiple possible categories, the highest paying one that COULD apply OR the average take home pay over the last [3 years or during the time worked if shorter].