Jeremy Goldstein is an established business lawyer in New York. His legal experience exceeds 15 years, and he has been frequently called upon to advise some of the largest corporations. His primary expertise is in the areas of employee benefits and executive compensation.
Recently, many publicly held companies are reconsidering whether or not they should offer the benefit of stock options to their employees. The issue raises some concerns on both sides of the coin as to whether offering stock options to employees is actually a positive or a negative thing. Much has to do with the value of the stock, and ultimately the performance of the stock. However, the companies have other factors to consider as well.
It could likely be a situation in which a company is looking to save money, and a knockout close is desirable. Cutting back on one or more employee benefits would amount to a substantial financial savings. Providing a stock option to the employees technically increases their salaries when the stock go up, however the opposite holds true if the stock should decline in price. This would result in a decrease of the compensation paid to an executive. Another point to consider is that there is an increase in bookkeeping and/or accounting costs when employees are the recipients of a stock option benefit.
When an employee on stock in the company, he has a stake in its success. As its success level rises, generally the stock price will do the same. It is beneficial to not only the employee, but additionally to the employer, and to the other shareholders. Learn more: https://medium.com/@Jeremy_Goldstein
Jeremy Goldstein is a partner at the law firm of Jeremy L. Goldstein & Associates, LLC. His company is located in Manhattan. Over the years, his corporate clients include Bank of America, AT&T, Merck/Schering Plough, Dow Chemical, JP Morgan, Chevron/Texaco, Sears Roebuck and Company, and Kmart Holdings. These companies and others have turned to Jeremy for his legal expertise.
Jeremy L. Goldstein & Associates was founded in 2014. Prior to starting his own firm, Jeremy Goldstein gained a vast amount of experience working at other law firms. His expertise belies the success of his company.