It’s no secret that the corporate world changes drastically in every decade. Just like anything else the only real constant is change. One major way it has changed is the widespread disallowance of stock options to employees. There are many speculations as to why this is happening but the main reason is money. Many firms find it easier to save money by not providing stock options to employees.
The fault doesn’t all lie with the employers however. Employees are also to blame. Due to the market crash in 2007/2008 employees have become extremely skeptical of this compensation method.
Many look at investing in stocks as gambling at a casino and prefer to put their trust in a more sure thing. Learn more about Jeremy Goldstein: https://www.quora.com/profile/Jeremy-Goldstein-20 and https://www.slideshare.net/JeremyGoldstein14/
There’s no doubt that investing in stocks comes with risks but there are many advantages in doing so. Stock option are easy to comprehend and can easily be more valuable than additional wages, equities or better insurance coverage in the long run.
Stock options haven’t been done away completely though. Firms that still wish to provide them just need to come up with a solid strategy.
As of today knockout options are the best solution. This barrier option is almost identical to its counterpart except employees lose them if the share value falls under a specific amount. Because of this knockout options, while not eliminating every problem, can solve many.
About Jeremy Goldstein
Jeremy Goldstein is an accomplished attorney who has made a name for himself by providing legal advice to corporations regarding employee benefits. It’s safe to say he is a go to guy on the matter. Goldstein has been working as a business lawyer for well over a decade.
His law firm Jeremy L. Goldstein & Associates LLC is a boutique law firm that specializes in corporate law. The odds were stacked against the law firm in the beginning since Goldstein established it independently.
Jeremy has had his hand in several major business transactions involving top companies. Some of which include Verizon, Chevron, AT&T, Duke Energy, Bank One and Merck.