Jeremy Goldstein, An Expert on Compensation in Business

Businesses often struggle with determining the best ways to provide benefits to their employees. A ‘Knockout‘ is a type of barrier option that solves many of the problems that arise when offering employees stock options as a benefit. With this option, stocks can expire as they would normally within the same time period as more conventional stock options, but can also be lost by employees if the price of the stock drops below a certain amount.

 

There are many benefits of the ‘Knockout’ option. Instead of removing stock options entirely, this option allows employees to cancel their holdings of stocks after a value remains low for an extended period of time, such as a week. This allows them to still enjoy this benefit, but lowers the accounting costs of maintaining them for large lengths of time, particularly if the stock is consistently unstable. It is not the catch-all for such problems, but it does severely reduce them.

 

Jeremy Goldstein is the person that corporations go to for legal advice. With over 15 years of experience as a business lawyer, he began his own law firm, Jeremy L. Goldstein & Associates LLC, in New York, after working as a partner for a similar company. Goldstein holds the position of Director on the board of the non-profit Fountain House.

 

Jeremy Goldstein has received education from the University of Chicago, and the New York University School of Law. All of this is without counting his many years of working in the field as a business lawyer, which undoubtedly provided many opportunities to gain additional knowledge and experience. With his focus in executive compensation and how it can affect the shareholders’ opinions, Jeremy Goldstein is the person that major corporations such as Verizon, Duke Energy, Chevron, Bank One, and Merk go to for help.

 

Read https://thereisnoconsensus.com/jeremy-goldstein-explains-knockout-options-help-employers/ to learn more.