Lately, many companies have stopped offering stock options to employees. Some corporations made this decision to save money, but the reasons vary from one firm to another. Problems that influence businesses to hold back these benefits include stock value drop leaving employees unable to exercise options. However, companies still have to report the associated expenditure and face the option overhang risk. Secondly, workers have become cautious of stock options because economic downturns sometimes make them worthless. Also, stock options may lead to huge accounting burdens. Despite the drawbacks of stock options, they are a better method of compensation than insurance coverage, equities, and additional wages.
About Jeremy Goldstein
Jeremy Goldstein provides legal advice related to employee benefits to corporations. As a business lawyer, Jeremy Goldstein is highly respected in the industry. For more than 15 years now, Jeremy has been helping companies around the world with their employee benefits issues. Presently, the attorney is a partner at a law firm that advises CEOs, corporations, management teams, and compensation committees on matters corporate governance and executive compensation. The law firm Jeremy L. Goldstein & Associates LLC is highly respected and has helped many corporations and individuals.
Before founding his law firm, Jeremy worked at a law firm in New York. Over the last ten years, Jeremy Goldstein has taken part in large corporate transactions such as United Technologies’ accusation of Goodrich. He chairs the Mergers & Acquisition Subcommittee and frequently speaks and writes on executive compensation and corporate governance-related issues. Jeremy is a member of various boards including the Professional Advisory Board and the Directors of Fountain House, a non-profit organization committed to helping mental illness patients recover. Jeremy Goldstein has a rich educational background. Mr. Goldstein acquired his law degree from the University of New York. He also holds an M.A. from Chicago University.