Many things limit the effectiveness of this. First companies aggressively outsource and making employees “contractor” mean it’s easy enough to manipulate “aver

Many things limit the effectiveness of this. First companies aggressively outsource and making employees “contractor” mean it’s easy enough to manipulate “average” compensation. It would need to cover all compensation as well, not just salary. I think more interesting would be banning stock buybacks or dividends for a period of five years from any company that lays off more than X employees or X% of their employees, and zeroing all outstanding executive stock options, rsus, etc whenever such layoffs occur would do much more work