Jeremy Goldstein Offers His Advice Again

One voice people hear a lot in the corporate word belongs to Jeremy Goldstein. Currently, his voice is talking about employee benefits. Nearly all of his clients come to him to talk about what compensation method they should use in today’s trend-based corporate world.

Despite all his hard work, Jeremy Goldstein isn’t just a voice of reason. He also dedicates a lot of his time to giving back to the community. Most of his work is with Fountain House, an organization that’s dedicated to helping patients with mental illness recover. When he’s working with Fountain House, he’s working with the local MakeA-Wish chapter.

His commitment to charity is the same energy he brings to work with compensation committees, CEOs, management teams, and corporations. He’s the foremost expert on matters concerning executive compensation and corporate governance, and his law firm works with clients on matters of transformative corporate events and susceptible situations.

More to the point, no one’s more trusted to talk about employee benefits. Lately, the corporate world adopted a new trend: eliminating stock options and offering other types of benefits. This is something Jeremy Goldstein is passionately against on the grand scan of things.

He’s not suggesting that everyone company offer stock options or even employee benefits. His point is that not every corporation should stop providing stock options just because other methods are easier. In some cases, other methods aren’t easier; they just seem easier at the moment.

One thing Goldstein warns against is switching to equities. There’s nothing wrong with equities; it’s just recent IRS rule changes may make offering equities a lot harder than providing traditional stock options. As for things like higher salaries and better insurance coverage, they’re difficult to understand when trying to find an employee’s equal value.

His solution to this concern is simple: continue providing stock options by choosing the right strategy. Not all stock options are same, and some have more advantages than others. His advice is to use “knockout” options if the company wants to continue offering stock options; it’s their choice.

Knockout options allow companies to cancel an option if the value drops too low and stays low. Other options can be canceled at any time and places non-employee investing at risk of overhang. By preventing people from making rash decisions based on value drops that only last a few hours or a day. Learn more: