Jeremy Goldstein is a very famous lawyer who focusses on business law. He advises companies and corporations on best employment terms for their employees. In an interview, he held earlier on, he happened to talk about various stock options and why companies stopped offering them. He is a great and a very famous advisor to many companies regarding these options. Some firms thought that by stopping exercising stock options, they would save on cost but Jeremy Goldstein highlighted some few issues that are of very much importance. He is a very great and a respected advisor and has one of the best law firms in his country. The great lawyer has helped many companies treat their many companies with equality.
Jeremy Goldstein said that at times the value of the stocks might drop very significantly thus making it so impossible for the so called people to exercise their rightful options. He also adds that these may become a big loss because businesses must report expenses that are associated with these media. He also says that many employees fear this form of compensation and they usually fear the unexpected economic down turns which usually make these options look worthless. He even tries to compare them with casino tokens. He lastly says that options cause huge accounting burdens that become so tiring to account for. Some staff members will always value these options than any other and they are doing exceptionally well with their cash payments.
Jeremy Goldstein also wants forth to site relevant advantages that are brought about by giving out options. The compensation using stock options is better than better insurance coverage, equities and also wages. Staff members easily understand stock options and therefore no need to waste time explaining these things. He also says that stock options are of great to these employees and they show recognition. Options are also part of earnings increment when the value of the share rises. This will help increase motivation amongst employees and will make them work extra harder to boost their income. This will also help increase company’s profits, help the company attract clients and also make these people attract more clients. There is also increased innovation amongst these company’s employees. Another advantage related to these things is when companies decide to offer shares, they are always like to pay huge tax burdens which are always a big setback or rather a big loss in the company’s progress.
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