Jeremy Goldstein is one of the founders of Jeremy Goldstein and Associates LLC, one of the most prominent law firms in New York. In the area of administrative law, corporate law, and advising compensation committee, Jeremy Goldstein has helped many of the companies to frame their business machinery as per the compliance laws of the state.
Over the years, Jeremy Goldstein has been able to provide professional legal counseling services to many of the clients on risk management, resources management, framing the executive compensation for the company’s management, mergers and acquisitions, and more.
As one of the experts on executive compensation, he often shares his ideas on how the executive compensation should be structured to ensure that the employees and the employers are both satisfied.
Recently, he talked about the importance of stock options in the compensation structure and said that with time, it had lost its charm as one of the most valuable variables in the benefit plan of the management executives.
According to Crunchbase, Jeremy Goldstein says that people are often doubtful about the worthiness of stock options as with the downfall in the market, there is a high chance of people losing the wealth.
Jeremy Goldstein believes that people need to weigh their options carefully, and only if the company is also backing their stock options with the knock out options that one should go for it. In the otherwise case, it is much preferred to bag a higher salary than going for stock options, which might become useless in a situation when the market collapse or the market is extremely sluggish.
Considering the volatility of the stock exchange, it is very much possible as well that people with stock options might end up losing their wealth accumulated in company’s stock overnight. However, Jeremy Goldstein says that it is important that the employees check the fundamental strength of the business before deciding to opt in or out.