Companies world-wide are beginning to stop offering employees stock options for a variety of reasons, besides finances. Value of the stock can drop at an instant causing employees not be able to exercise their options. Employees have also been concerned with the method of compensation.
Stock options are the best option, when compared to better insurance, equities and higher wages. As the company’s value increases, the employees financial gain receives a boost. This will encourage employees to work harder at attracting new clients and satisfying existing clients.
As companies stop offering stock options, they then need a new strategy. One possibility offered by Jeremy Goldstein is knockout options. These stock options still require the same things as conventional stocks.
However, unlike the normal stocks, if the shares drop below a certain level, the employees will lose them. Jeremy Goldstein has become one of New York’s top corporate lawyers.
He has become an expert in corporate governance and executive compensation. He has over 15 years of experience in business law. He is the founder of Jeremy and Associates.
Jeremy has overseen dozens of corporate transactions over the last three decades involving companies such as Verizon, AT&T, Chevron, Duke Energy, United Technologies and Merck.
Prior to founding his law firm, he served as partner at Wachtell Lipton. He has been featured in several business journals. Jeremy Goldstein grew up in New Jersey Goldstein is originally from New Jersey.
Jeremy currently serves on the board of several committees. Jeremy Goldstein graduated from Cornell University in 1994. He received his J.D. from New York University School of Law.
He is currently the director of the non-profit Fountain House. He is fluent in French. He earned a Master’s Degree from the University of Chicago. Jeremy Goldstein is also a part of the New York State Bar’s now legal service offered online.
Learn more about Jeremy Goldstein: