For corporations to grow, they are factors which must be considered to create an enabling environment. New York-based lawyer argues that there are situations which can lead to employees and long-term employers might lose. Mr. Goldstein has worked in many companies such as Verizon, Goldman Sachs and Bank of America gives an insight on how to hands issues of Earnings Per Share(or EPS), as well as other forms of incentive programs available.
Jeremy Goldstein ignites the debate about these performance-based programs. He says that use of EPS program to pay employees is a good thing. For the company’s shareholders, that mode of payment is a more critical influencer in the stock price. This factor is the one which drives the shareholders on whether to buy or sell shares but also it serves as an incentive for the corporations to increase the amount employees get in the end. Research has shown that using Earning per Share program thrives the company to realize its goals. For instance, Earning per Share is a more reliable program to be used in business, but due to its dynamic nature of trade and shares, it can provide gear in Earning Per share to an unfair advantage. Learn more: https://thebrotalk.com/bro-recommendations/jeremy-goldstein-gives-us-nyc-recommendations/
Critics of Earning per Share have asserted that the use of this program usually lead to favoritism in the company as anyone can be made to be the CEO. They also argue that this method allows the company’s CEOs to skew the results on whether metrics have been met. This means that those heading the corporates could be altering the results in their favor which is something illegal at worst and misleading at best.
Jeremy Goldstein recommends that a new compromise in Earning Per Share program between the proponents and opponents should be introduced. The new way of handling CEOs and other executives into being accountable for their actions need to be introduced instead of getting rid of pay per performance program. This will, in turn, create a platform for companies to grow as well as its shares.
Jeremy L. Goldstein is an advocate at Jeremy L. Goldstein & Associates LLC a law firm which deals with matters of corporate, executive and compensation. Prior this, he was a lawyer at the Wachtell, Liptop, Rozen & Katz law firm.
Mr. Goldstein went to New York University School of Law where he got Juris Doctor degree. Over a decade he has been involved in the corporate transactions which include Duke Energy, Haas Company, Verizon Company, The Dow Chemical Company and Goodrich by United Technologies.