Benefits are often an important factor when choosing a job. Employees want to get the most help possible from their employer. This includes stocks and other investing options. Jeremy Goldstein recently explains that more and more employees are doing away these options for various reasons. Goldstein explains the major reasons for these changes and possible solutions for the problems.
There are three main reasons that Goldstein outlines for companies doing away with stock options. For one stock value may drop leaving businesses to deal with the associated expenses. Second, more and more workers are becoming aware of this method. They understand the economy and the value of such options. Lastly are the various accounting burdens that result from such options.
While there are a number of advantages to taking away such benefits, Goldstein offers some possible solutions to the problem. Goldstein’s top option is a process known as a ‘knockout.’ This option has similar requirements as other stock options, however lose them if values fall to a certain number. This make the options doable for both sides.
Jeremy Goldstein is a well respected attorney that is a part of Jeremy L. Goldstein & Associates LLC. Goldstein has nearly two decades of experience working as a lawyer. He has an impressive resume that includes working with companies like Chevron, Verizon, Bank of America, Miller Brewing Company and Bank One. Goldstein and his firm are committed to advising compensation committees, and employee benefits.
Currently Goldstein serves as chair of part of the American Bar Association Business Section. He holds a a J.D. from New York University School of Law, an M.A. from the University of Chicago. Jeremy Goldstein has built an impressive career dedicated to fighting for employees across the world. He is one of the top names companies call on when they need legal help concerning employees and their benefits.
To learn more, visit http://officialjeremygoldstein.com/.