In most corporations today, employees are not given stock options. Although some of the corporations do so to save some money, there are other complex reasons behind this decision. Some corporations fear that the stock of the company could significantly drop while others don’t want to think about the accounting burdens that stock options may bring. What some people haven’t realized is that the stock options are a type of compensation necessary for better insurance coverage, equities, and additional wages. The stock options add to the employees, something of equivalent value. When the share values of a corporation rise, the personal earnings of the employees are boosted.
When people realize that their personal investments are on the right track, they can work harder to develop innovative services, attract desirable clients and satisfy existing customers. Any firm that wards its employees with stock options could highly reduce excessive costs especially if it adopts the right strategy. This would only happen if a barrier option referred to as a “knockout” is dealt with. Although the stock options have usual vesting requirements and same time limits, it is very important for a corporation to break this knockout to realize great results. This is what Jeremy Goldstein helps corporations to do through his vast legal experience and knowledge.
If you don’t work out on the knockout options of your corporation, you may not be able to overcome the stock compensation obstacles that come. If your corporation needs legal advice on employee compensation and benefits, Jeremy is the right business lawyer to see. He has been an attorney for over 15 years and the experience he has on business legal matters is great. He established a New York-based law firm after working in a similar organization as a partner. Jeremy has played crucial roles in major transactions in some of the top companies such as Merck, Bank One, Duke Energy, AT&T, Chevron, and Verizon.
He is a board member of Fountain House, a non-profit prestigious law journal. Jeremy is a partner at Goldstein & Associates LLC, a law firm that advises compensation committees. The firm also advises corporations, management teams, and CEOs on corporate governance matters and executive compensation. He chairs the Executive Compensation Subcommittee of the Business Section of the American Bar Association. He is among the top American lawyers in executive compensation according to the Chambers USA Guide. He studied at Cornell University and graduated with a B.A. cum laude. He went to Chicago University for his Masters Degree and later went to the School of Law at New York University where he got a J.D. Learn more: http://jeremy-goldstein.wikidot.com/