Jeremy Goldstein an attorney in New York City has witnessed firsthand the legal battles that corporations must fight in order to create a favorable economic environment. With experience working for large corporations like Goldman Sachs Verizon and make America he is well-versed in the usage of earnings-per-share among numerous other incentive-based programs.
It is in Jeremy Goldstein’s opinion that earnings-per-share employee incentives are typically a favorable thing for the employee. They almost always have a big influence on stock price in addition to the incentive that they provide companies to increase the amount of pay for their employees. In fact, studies have shown that companies which utilize these programs are more successful than those that do not.
That is not to say that earnings-per-share programs do not have any downsides. Jeremy Goldstein has seen firsthand opponents of earnings-per-share systems using them to lead to favoritism. In fact, it is believed that in corrupt companies higher-ups use these programs in order to skew results to drive share values higher.
In fact, it is argued that these programs are not a valuable measure of a company’s long-term prosperity and are only useful in terms of a company’s short-term profitability. This means that they are not a sustainable metric to measure a company’s long-term financial health.
Jeremy Goldstein recommends that a compromise is made between the pros and cons of systems such as these. The best way is not to do away with these systems as they incentivize employees to perform better but rather find a way that manages to hold higher-ups of a company responsible for their actions. It is in this way that you can provide a platform for long-term financial prosperity for a company.
Jeremy Goldstein began his law practice many years ago in the city of New York working for a large corporate firm and eventually founded his own practice, Jeremy L Goldstein, and Associates. He graduated from the New York University School of Law and has worked on numerous legal cases for large corporations ranging from cellular companies all the way to oil and petroleum companies. In all of these, he has focused his expertise on monetary and compensation legality.
Currently, he is listed among the top lawyers for legal counsel in Chambers USA guide to America’s leading lawyers for business. He has been published in a number of journals of Law and is a regular contributor to NYU Journal of lawn business as part of the professional advisory board. Goldstein belongs to the American Bar Association business section and he frequently donates two fountain house in order to support and aid those who are affected by mental illness. Learn more: http://clsbluesky.law.columbia.edu/author/jeremy-l-goldstein/