Companies across the country are reaching the point where they are stopping to give employees stock options. Some companies do it to save money, other times the reasons are far more complex.
Jeremy Goldstein is an advocate for knockout options. Stock options have become the better option when compared to insurance, equities or higher wages.
As the stock value increase the employees personal portfolio receive a boost. This will cause employees to work harder at attracting new clients and satisfying existing clients.
When a corporation decides to stop offering stock options, they need a new gameplan. One option for companies is the knockout.
This style of stock options has the same requirements as conventional stocks but the difference is if the shares drop too low, the employees lose them.
When companies offer knockout option benefits, non-staff investors dont face threats from options. This allows current stockholders to worry less about less ownership shares.
Knockout options often result in lower compensation figures for executives. These options don’t solve every problem but they do tackle some of the problems faced by companies.
Jeremy Goldstein, the man behind knockout options is the founder and partner of Jeremy L. Goldstein and Associates. He has gained more than fifteen years in business law. Jeremy Goldstein’s specialty is corporate governance and executive compensation.
He has been a key player in many of the corporate transactions of the last 30 years including, Verizon, United Technologies, Chevron, AT&T and Merck. Jeremy Goldstein also sits on the board of the Fountain House and a top-tier law journal.
Jeremy Goldstein earned his J.D. from New York University School of Law. He earned his bachelor’s degree from the University of Chicago in 1996. His firm operates within the greater New York City area. He is also part of the New York State Bar’s new online legal service portal.
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