Jeremy Goldstein has dedicated his career to offering legal advice to organizations across the world. He has over 15 years in legal advice on matters dealing with employee benefits.
His vast experience has seen him work with several multi-nationals such as Chevron, South African Breweries, and Bank of America among others.
Jeremy studied his undergraduate and postgraduate in Arts History from the University of Cornell and Chicago University respectively. He then proceeded to the University of New York to do a course in Law.
Over the course of his career, he has managed to offer a wide range of solutions to companies on various issues. One such point is the option stocks for employees. He has tried to explain its importance and the role it plays in an organization.
Many corporations over the years have declined to offset their employee’s benefits with stock options. They attribute this to various factors including; helping the company saving money, options becoming worthless in the event of an economic downturn and the recurring accounting cost to the firm.
Despite the negative feeling that companies have towards stock options, Jeremy Goldstein says there lots of advantages about it. He believes that the stock options can cushion both the employer and employees if it’s done in the right manner.
Some of the benefits he says that comes with the issuance of stock option include; the easiness with which the employees can understand the stock options and boosting personal earning of the stock prices rise and gain stability.
According to Jeremy Goldstein, if the stock option is done in the right manner it will bring forth more benefits. To do this, he proposes the use of knockout options.
Jeremy Goldstein deems it as the best avenue for both the employers and employees. With the knockout choice, employees are cushioned against lower stock prices.
He advises employers to go for this since it is safe. They can have the option of suspending the stock when the prices go way below the minimum threshold.
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