Jeremy Goldstein Advises the Nation’s Top Companies

When it comes to legal advice, there’s no one New York corporations trust more than Jeremy Goldstein. Jeremy Goldstein is the gold standard on executive compensation and corporate governance matters. His law firm, Jeremy L. Goldstein and Associates, advises all of their clients on matters such as compensation and governance, as well as transformative corporate events and sensitive situations.
Mr. Goldstein didn’t become the number one preferred corporate lawyer by letting his partners do all the work. He’s worked on every major case and transaction his firm’s been involved in, including with clients like Verizon, Bank One, and Merck.
Currently, Jeremy Goldstein is advising many of his clients and curious or confused corporations on which compensation method is best for their company. Over the last ten or so years, many corporations have stopped providing stock options as an employee benefit. This is something that Jeremy Goldstein strongly feels is a mistake for many corporations.
He’s not suggesting that every company should offer stock options, but a lot of the bigger corporations are forgetting the benefits of stock options; they’re focused on the negatives. For starters, stock options are protean and can drop in value in less than a second.
That’s something that a lot of corporations and employees don’t like about stock options. If the value drops too low, the stock becomes worthless or leaves the employees on the hook for responsibility. That reason alone is enough to make everyone want to stop providing stock options (https://twitter.com/jeremy_gold1).
Despite the controversy that comes with stock options, Goldstein wants corporations to think about the positive impact they can have on the workforce. Stock options make employees personally invested in the company’s success, so they’re more likely to come to work focused on making the company better; that’s something other benefits can’t do.
Jeremy Goldstein’s solution is to start offering “knockout” stocks as benefits; equities are getting more and more complicated thanks to recent IRS rules. Stock options are the best choice if corporations pick the right strategy, and knockout stocks come with the less amount of risk with all the rewards of their counterpart.
Regardless of either side’s pros, they all have their cons. It’s important that corporations speak with their accountant and choose the right compensation method for their particular situation. Even Jeremy Goldstein doesn’t want corporations choosing stock options just because he has an opinion.

Jeremy Goldstein Warns Of Hidden Costs In Employee Compensation

When it comes to employee benefits and compensation, Jeremy knows his stuff. Not only has he established his own law firm in New York City called Jeremy L. Goldstein and Associates LLC, he has also served as a partner in a similar law firm. His now 15-year career speaks for itself. R

He has advised some of the world’s largest and most profitable companies on employee benefits and compensation packages. Goldstein has also provided counsel during some of the largest business transactions on earth such as the acquisition of Goodrich by United Technologies.

According to Crunchbase, Jeremy Goldstein has recently given out some free advice for companies looking to maximize their value. He says the company should look towards stock options as a form of compensation to employees. There are many benefits to this type of compensation for a company.

On paper, employee salaries look very manageable when they take stock options in lieu of extra income. This makes a company look very attractive to shareholders and investors. The employees tend to work very hard in order to maximize the value of their stock options, as well.

Stock options are usually the right choice because of the extra tax burden put on equity by the IRS. But, Jeremy Goldstein warns, companies should investigate how much stock options will cost in accounting.

BizJournals revealed that Jeremy Goldstein’s biggest piece of advice concerns a specific type of stock option that can be given to employees as a form of compensation.

This type of compensation is known as a knockout option. The knockout option removes the employee from her stock option compensation if the value of the company drops too low.

This removes the possibility that the employee will try to cash out stock options when the value of the company is low. It also serves as extra employee motivation.

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