Jeremy Goldstein, a New York attorney, recently wrote an article about corporations offering their employees stock options. He said this isn’t as popular as it used to be because there are a few big headaches associated with doing so. This includes the stocks dropping in value, that they can become worthless due to market conditions, and corporate accounting departments have a tough time dealing with them.
Nonetheless, some corporations still do offer them because they encourage employees to work hard so that their options have more value. When offering them to employees Jeremy Goldstein wrote that the best way to do so is by following what he called a “knockout” strategy. When following this strategy the employees of the corporation lose their options when the value of the corporation’s stock falls below an agreed upon amount for an agreed upon amount of time.
Jeremy L. Goldstein & Associates, LLC is the law firm that Goldstein founded in June 2014. He is a legal expert on employee benefits, especially when it comes to executive compensation. He has been a business attorney for more than 15 years in New York City. Some of the S&P 500 companies that have sought his legal expertise include Merck, Verizon, AT&T, Duke Energy, and Chevron.
Writing often about executive and employee compensation, Jeremy Goldstein has covered many issues. Among these are “Say on Pay” where shareholders have more of a voice on what executive earn each year. Another issue he has covered is spin-off which is when a corporation creates subsidiaries, and how that affects compensation.
Jeremy Goldstein has served on the board of a number of law journals. He has also served on the board of Fountain House which is a nonprofit that provides services to people who have a severe mental illness.
To learn more, visit http://officialjeremygoldstein.com/.