Jeremy Goldstein, lawyer extraordinaire, has some helpful advice on what stock option is a good fit for employers. Many businesses that have provided employees with stock options as compensation are deciding to discontinue them due to the complications.
These include that employees are wary of stocks, they can drop in price making them worthless, and they can be a huge accounting burden. On the other hand they are easy to understand and are good for a company’s success. If stocks for a company are high, it will increase the employees personal stocks. Learn more about Jeremy Goldstein: https://www.slideshare.net/JeremyGoldstein14/22nd-annual-naspp-presentation-2014
They will work harder for the company, so the stocks rise. It is a win-win situation. Also if a company provides employees with options, rather than share, they will face less tax burdens. Knockout options have a a time limit, making them less of a problem and can cut unnecessary costs.
Unfortunately, if these knockout stocks go beneath a certain number they will expire. Non-employee stockholder in the company will avoid more problems associated with other stocks. The biggest point is that employees have an incentive to do well, because it directly affects stocks.
Jeremy Goldstein has a rich education which started by getting his Juris Doctor from New York University School of Law. Jeremy Goldstein continued on to University of Chicago to get his Master of Science and then Cornell University to get a Bachelor of Arts cum laude. He also received a distinction in all subjects.
According to Business.com, Jeremy Goldstein is a partner at Jeremy L. Goldstein & Associates LLC. He has worked with many big clients such as Verizon Wireless, Duke Energy, Morgan Chase & Co., and much more.
Jeremy Goldstein’s dedication to his clients and expertise has gotten him recognized by The Legal 500 and Chambers USA Guide to America’s Leading Lawyers for Business as a leading executive compensation lawyer.