Mokokoma Mokhonoana: Salary Tax

Meaning of Mokokoma Mokhonoana Money Quote: saying A Paycheck is as good as a tax for employers to put employees dreams on hold. Mokokoma Mokhonoana said:

 

 

“A salary is a tax employers pay, every four weeks, for putting an employee’s dream on hold” — Mokokoma Mokhonoana

This quote suggests that when someone works for a salary rather than pursuing their own dreams or ambitions, the salary can be seen as compensation paid by employers to employees for delaying or postponing their personal goals and aspirations.

Mokokoma Mokhonoana seems to be pointing out that working a regular job solely for a paycheck every month means that an individual’s true desires and vision are being put “on hold” for the sake of financial stability or security provided by the salary.

In this view, the salary functions as a kind of tax paid by employers as the price of occupying an employee’s time and delaying their ability to fully self-direct their lives according to their own interests and plans.

Germaine Greer: Housewife Pay

Germaine Greer Money Quote saying there is no job security as a housewife and it can mean a woman can lose the unpaid role without severance pay. Germaine Greer said:
 

 

“The housewife is an unpaid worker in her husband’s house in return for the security of being a permanent employee: hers is the reductio ad absurdum of the employee who accepts a lower wage in return for permanence of his employment. But the lowest paid employees can be and are laid off, and so are wives. They have no savings, no skills which they can bargain with elsewhere, and they must bear the stigma of having been sacked” — Germaine Greer

Germaine Greer is criticizing the traditional role of housewives and comparing their situation to low-paid employees. She argues that housewives work unpaid as laborers in their husband’s home in exchange for the supposed “security” of being a permanent member of the household.

However, Greer says this makes housewives similar to employees who accept lower wages in return for ongoing employment, even though employees can still be laid off. Likewise, wives can find themselves divorced or abandoned by their husbands.

According to Greer, housewives end up in a vulnerable position since they have no independent savings, marketable skills, or way to support themselves if they lose their “job” as a housewife. She asserts that housewives take on risks similar to low-wage workers but without any of the protections or means of support that typical employees have.

Elizabeth Warren on CEO Pay Disclosure

Elizabeth Warren Money Quotation saying SEC doesn’t require banks to be transparent on pay in the C-Suite of big banks. Elizabeth Warren said:
 

 

“There are still no rules for the SEC to require disclosure of CEO pay relative to regular employee pay” — Elizabeth Warren

In this quote, Elizabeth Warren is criticizing the fact that the Securities and Exchange Commission (SEC) does not currently require public companies to disclose details about CEO pay relative to typical employee salaries. Warren believes companies should have to report the ratio between executive compensation at the top and average worker pay lower down in the organization.

The quote conveys Warren’s view that shareholders and the public deserve transparency into how much more CEOs make compared to regular employees. She seems to argue this could help address growing concerns about high economic inequality and very large pay disparities between the top of companies and typical workers.

Henry Blodget on Employees as Assets

Henry Blodget Money Quotation saying employees are not a ‘cost’ they are assets with value to a company beyond their ROI. Henry Blodget said:
 

 

“There’s No ‘Law Of Capitalism’ That Says You Have To Pay Employees As Little As Possible” — Henry Blodget

In this quote, Henry Blodget is challenging the common belief that within a capitalist system, businesses are obligated to minimize labor costs and pay employees as little as possible. Blodget argues this is an oversimplification and not an inherent rule of capitalism.

He appears to be suggesting that companies can choose to operate humanely and compensate workers fairly, even if not required to by law, as a matter of ethics and in recognition of employees’ contributions.

The quote conveys Blodget’s view that capitalism’s principles do not preclude prioritizing workers’ well-being over maximizing profits, and that businesses have flexibility as well as responsibility in how they structure compensation and treat their staff.