Jeremy Goldstein is an expert in law and compensations and is widely considered one of the best in the business throughout the United States. Throughout the years, he has closed major corp deals around the country worth billions of dollars out of his law firm in New York. Jeremy L. Goldstein & Associates handles legal matters for clients throughout the state and even the country today, though they specialize in compensation law and the majority of their clients are corporations and executive teams.
Jeremy has personally been working in business law for more than two decades and has many accomplishments in the legal field of which there are just too many to list. This is why he is one of the leading men working to resolve the current compensation issues that have been facing companies around the world for years. The most common practice for companies when it comes to employee compensation is stock options or a piece of the companies stock. This wasn’t so bad in the past, but today, with the widely fluctuating markets and a large number of businesses coming in regularly, it is more of a problem than anything. This is especially true for small companies that simply could not even afford to compensate to such a degree without going bankrupt.
Jeremy Goldstein has proposed that corporations start making use of a knockout clause when it comes to their stock options, which means the stock options would become void in the case that the stock prices fluctuate too much. This would save companies a lot of time and money when it comes to their incentive options without actually hurting employees. Instead, employees will find different kinds of compensation options available when searching for a potential job. Learn more: https://twitter.com/jeremy_gold1
There are pros and cons to both sides when it comes to this knockout clause, but in the end, it brings a level of consistency and fairness for all parties. Employees will have a more consistent method of compensation for their work and companies will be able to save money, time, and avoid the backlash that comes from unsteady stock prices.