There is both an upside and a downside to presenting employees with company stock options. Jeremy Goldstein thinks the reason that many employees have stopped giving options are complex. Stocks can go up or down, and can change in ways that make it impossible for an employee to exercise their option. In this scenario, employees holding stock may face the risk of overhang.
The fact remains that many employers have grown somewhat wary of awarding employees with this type of compensation. Some feel that stock options may as well be casino tokens in their opinion. Options can also burden the accounting process as the stock’s cost can often fall short of the stock’s financial advantage. On the other hand, stock option compensation is sometimes more preferable than wages or increased insurance coverage. Members can easily understand how options work. As such, stock options can provide value.
Goldstein has an extensive background in law, and currently serves as a Jeremy L. Goldstein & Associates LLC partner. His firm is a boutique firm that places focus on advising management teams, corporations, and CEOs on compensation matters. He is also associated with the Executive Compensation Committee of the American Bar Association.
Several of the biggest corporate transaction of the past decade are on his list of achievements. Several include the Haas Company, Goldman Sachs, SBC Communications Inc., and South African Breweries plc/Miller Brewing Company. These are major corporations, and speak to his abilities as a lawyer.
Goldstein’s education says a lot as well. He received his Juris Doctor, Law, from New Your University School of Law, a Masters of Arts degree in Art History from the University of Chicago, and a Bachelor of Arts degree, Art History, from Cornell University. Goldstein is a committed, professional individual with a great deal of experience dealing with corporate compensation.
Follow Jeremy Goldstein on Facebook.