Jeremy Goldstein explains knockout options

As the economy continues to be shaky, companies big and small have begun doing away with employee stock options. There have been three reasons that have convinced companies to eliminate these benefits. First a sudden drop in stock value makes its extremely difficult for employees to execute their options. Businesses are still required to report any related expenses, leaving stockholders with the risk of potential option overhang. The employees have become cautious of this type of compensation because the uncertainty of the economy affecting the options’ value.

Stock options still have strong benefits that include better insurance coverage and increased wages. When the corporation’s stock value rises, the options will boost personal revenues and that will persuade employees to boost the company’s success. It will make the employees work harder at pleasing current clients and driving in new clients. Options also don’t add more tax burdens to the company. Companies that are interested in keeping stock options while avoiding additional costs they can look into the knockout options. Knockout options eliminate the hurdles that are tied to stock-option based compensation.

Jeremy Goldstein is a top New York corporate lawyer. Jeremy Goldstein earned his Bachelor of Arts from Cornell University and his Master of Arts degree from the University of Chicago. Jeremy Goldstein earned his law degree from the New York University School of Law. Jeremy Goldstein is the founder and partner of Jeremy L. Goldstein and Associates, LLC. He was previously a partner in Lipton, Rosen and Katz from 2000 to 2014.

Jeremy Goldstein has also been a key figure in several major corporate transactions in the United States including Chevron, AT%T. He continues to provide corporate legal advice to companies who are working to improve their corporate benefits as well as executive compensation. Goldstein currently resides in New York and has been featured in several business oriented magazines and articles. Learn more: https://thereisnoconsensus.com/jeremy-goldstein-explains-knockout-options-help-employers/