The kind of benefits that companies offer their employees usually vary and one form that was gaining popularity is the stock option. However, in recent times, this trend has been on the decline thanks to numerous factors. One of these factors is the possibility of the value of the stock dropping leaving the employees free to reap from their options. This may expose the company to stock overhang. Another reason for the decline is the fact that employees realize that this option is too much a gamble. Informed employees now know that in case of economic turmoil’ their compensation might be rendered worthless.
Jeremy Goldstein,a partner at Jeremy.L.Goldstein & Associates, offers organizations legal advice when it comes to such matters. The New York University school of Law graduate has over a decade of experience as a business lawyer. His role in such cases is to bring forward all considerations that that the organization must make to keep its stock options viable to both itself and to interested employees.
He established his own Law firm after years working as a partner at another firm. Apart from his credentials from the New York school of Law, he also holds a Bachelor of Arts degree from Cornell University and a Masters in the same field from The University of Chicago. Jeremy Goldstein’s responsibility when advising firms on stock options involve letting them know all the advantages of stock options. Some of the advantages highlighted by Jeremy Goldstein is the fact that this method is often easier for the staff to understand compared to insurance and higher wages.
Mr. Goldstein has come up with a perfect solution to this knockout options dilemma. This options are similar to normal options apart from the fact that the employees lose them if share value drops below a set point.
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