Being an attorney at law, Jeremy Goldstein has had a first hand experience especially on matters related to factors that are related with the creation of sustainable economic atmosphere for businesses. According to Jeremy, in most cases, there develops a battleground which involves long term investors in business and their employees to lose.
In his career, he has been lucky to work with large corporations like Goldman Sachs, Bank of America as well as Verizon. He is a specialist when it comes to offering advice on how Earnings Per Share should be handled. He also offers professional insight into debates related to use of performance based pay programs as well as other incentive based programs.
According to him, EPS’s are generally very positive to the employees if handled well. When it comes to shareholders, they play a very big role when matters related to influencing the stock price are concerned. In fact, they are one of the most constant and dominant factors that influence investors whether to buy or sell shares.
Recent studies have shown that when an EPS is included in the overall pay, companies tend to become more successful. At a glance however, the EPS seems like a system designed to take advantage so as to have a business strategy included. Those opposing EPS have said that within a corporation, it can lead to some employees being favored. They also argue that when it is in use, it provides CEO’s with vast powers that can sometimes be misused. Others argue that the system is only interested in achieving short term probability.
On his part, Jeremy advises that both parties should reach a compromise instead of doing away with pay per performance that offers workplaces with very good incentives for employees. He says that for the system to work best, it should be aligned to the long term goals of the institution.
Jeremy Goldstein has been active for a number of years as a lawyer. He has served for a number of firms before finally starting his won firm, Jeremy L. Goldstein and Associates LLC.
He owns a JD from the New York University School of Law and has worked with a variety of companies including banks, telecommunication companies, petroleum and oild companies as well as stockholder companies in different matters related to monetary legality and compensation. He is a member of the American Bar Association Business Section and current chair of the Mergers and Acquisitions Commitee related to the Executive Compensation Committee. Learn more: https://www.linkedin.com/in/jeremy-goldstein-26aa1b4