According to compensation law expert Jeremy Goldstein, offering stock options to employees has been phased out by many companies over the past few years because of varying issues with the benefits. However, Jeremy Goldstein explains that there are advantages and solutions to facilitate the discontinuation or shifting of employee stock options and its consequences.
Offering stock options to employees can seem greatly undervalued if the stock market takes a dips, causing the individual to lose flexibility in the options available. Additionally, as Jeremy Goldstein says, the stock option benefits offered by a corporations cause issues for accounting and may ultimately end up costing more than the actual value added to an employee package.
On the other hand, Jeremy Goldstein states that stock options create a simple benefit that employees can understand, in addition to increasing one’s personal income if the traded stock is healthy in the market. Goldstein provides a solution of the knockout option, which effectively gives the benefits to staff, but with certain time constraints attached and expiration upon a specified drop in market valuation.
At the present time, Jeremy Goldstein is both the founder of and partner at Jeremy L. Goldstein and Associates, LLC. The firm handles issues regarding compensation of CEO’s and other executives at larger corporations, particularly those with a presence on the stock market. Before he founded his own practice, he gained significant experience as a partner with the Wachtell, Lipton, Rosen and Katz law firm.
Jeremy Goldstein received his law degree from the New York University School of Law. He has also gained further education and degrees from both Cornell University and the University of Chicago. Goldstein is an acting member of NYU Journal of Law and Business’ Professional Advisory Board. He regularly contributes publications and delivers lectures on executive compensation and other financial matters of publicly traded corporations.
To learn more, visit http://officialjeremygoldstein.com/.