Category Archives: New York

A Solution For Employment Incentives Is A Compromise, Proposes Attorney Jeremy Goldstein.

To create a corporation’s sustainable economic environment, there is need to address several related factors, something that has proven hard to do in the recent past. Jeremy Goldstein is not new in being a firsthand witness of the kind of challenge these situations can lead to. Being a practicing attorney of law in New York, Goldstein has realized that such situations can result to a struggle in which incentives for long-term business investors and employees are likely to lose.

Goldstein has worked with several big corporations such as Verizon, Goldman Sachs, and the Bank of America. This has given him a vast understanding on the use and handling of performance-based pay programs and incentive-based programs, thus offers advice pertaining their use as well as offering insights in debates concerning the use of these programs.

According to Goldstein, Earn per sharing, an incentive-based program, commonly referred to as EPS, are basically positive things, especially on how they handle the employee incentives. They influence the shareholders to sell or buy, as well as provide the companies with an incentive to make an increase in the amount paid out per employee.

According to the results from recent studies, adding EPS to be part of the company’s entire pay structure, has proven to increase to the success of companies. Goldstein says that EPS may seem like a positive system to incorporate in a business strategy at first. However, the existing competitiveness when it comes to shares and trading, can at times allow entities to influence EPS to a disadvantage.

EPS competitors have said that EPS usage in corporations is likely to lead to favoritism to companies’ CEOs. That way the CEOs have the power to skew metric results accuracy so as to drive the sales of shares. This makes the EPS not to provide collective results, which is not only misleading but also illegal. Other opposers say that EPS doesn’t provide sustainable measures to boost the growth of the company’s corporate since they only support short-term success. They are said to be unreliable and dynamic, adding more reason to worry.

Goldstein says that the solution for this problem is for both the recommendations of anti-EPS and pro-EPS proponent to compromise. Rather than discarding the PPP systems which definitely have important roles for a better workplace, a way be derived to hold the companies’ executives and CEOs answerable for their actions. He also proposes that these systems scale up to consider the company’s long-term goals.

Goldstein is a graduate of the school of law in the New York University. He is the owner of Jeremy L. Goldstein and Associates, LLC. Law firm. Previously he has worked with Wachtell, Lipton, Rosen & Katz law firm as a partner.

Goldstein chairs the Mergers & Acquisition Subcommittee. He is also part of the Board of Directors of Fountain House as a board member. Goldstein is a writer and a speaker, especially on corporate governance. Learn more:  https://thebrotalk.com/bro-recommendations/jeremy-goldstein-gives-us-nyc-recommendations/