A stable economy always goes back to jobs. This is why lawyer Jeremy Goldstein has been called upon consistently to aid in the area of employment incentives. Long-term investors often feel they are on the losing end of this conundrum. Goldstein has been an adviser to companies like Verizon, Goldman Sachs, and other large corporations. His expertise is in helping companies learn how to leverage incentives that already exist to aid in reducing strain with their employees. Topics like Earnings per share (EPS), and other incentive based programs can be a sensitive topic. The main challenge is, what incentives should we offer and who should they be awarded to?
Many CEO’s and CFO’s continued to battle over this topic, as employees have questioned performance-based programs. The EPS is generally not the issue. Employees and their employers both see it as a positive thing, and a true incentive. Due to their nature they are influenced by the stock market, putting employees on edge as they watch how it fares. The studies conducted on this topic, one of EPS as part of an overall pay structure has shown that companies using this model are without a doubt much more successful. One thing to keep in mind, is that EPS programs can give the business what some would say is the unfair advantage.
NYC lawyer, Jeremy Goldstein believes it is simple to find a compromise when it comes to EPS plans. He feels that businesses that launch a performance-based pay structure tend to do better than those who do not. This is also regarded as a way to hold CEO’s accountable for their actions regarding employees and their fairness with pay and benefits. When the performance-based pay structured measures up with what is congruent with the long-term goals of a business, he feels it improves the overall morale of the workplace and encourages employees to perform.
Goldstein began his career working with a large firm and later decided it was time to branch out on his own. Obtaining his J.D. from New York University School of Law, Goldstein was able to attract good clients. Working with larger companies was a plus for his career, and still proves today that he is growing well as a lawyer and is quite successful working with cases on employment incentives. He is also listed in the Legal 500 and the Chambers USA Guide to America’s Leading Lawyers for Business.
Connect with Jeremy Goldstein on LinkedIn.