New York Lawyer Jeremy Goldstein Believes Compromise For Employment Incentives Is A Good Idea

If you are trying to create a sustainable economic environment for corporations, get ready for a battle. Jeremy Goldstein realizes that in this climate it is the type of battle where long-term employees and investors stand to lose the most. That is why Goldstein is always available to handle any of Earnings Per Share questions that corporate officials might have.

 

Goldstein also realizes that the Earnings Per Share (EPS) system can seem like a good strategy for most businesses to utilize. However, there is a competitive undercurrent that can give certain entities unfair advantage when it comes to the EPS.

 

Goldstein also pointed out that opponents of the EPS system are concerned that it leads to favoritism and a “blind eye” turned toward the CEO of said companies. They are also concerned that unethical CEOs could also skew the results for brownie points with investors. Is this unethical? You bet, and at the very worst it is downright illegal.

 

Opponents also have other concerns, including their belief that these metrics only work for short term profitability. In the long run, they claim, this incentive only hurts companies because it hinders a company’s chance for growth and reinvestment of money. They also feel these metrics are extremely unreliable. Goldstein believes that Some EPS incentives is a good thing, but not too much. In short, he believes that a compromise is in order.

 

Goldstein’s solution? He says that doing away with pay per performance would create more problems than it would solve. He believes that there must be a way to make CEO and other company leadership accountable for their actions. He also promoted the idea that pay per performance should be appropriately aligned with the long-term plan of any company. He believes that is the best strategy for long-term growth and pay-incentives that doesn’t compromise the ethics of the company.

 

About Jeremy Goldstein

 

Jeremy Goldstein is an attorney who specializes in money legality with large corporations. In the past, he has worked with cellular companies, oil companies, banking companies and stockholder companies. He earned his Juris Doctorate from New York University School of Law. He also enjoys philanthropy, regularly donating to Fountain House in their quest to help people afflicted with mental illnesses. Learn more: http://officialjeremygoldstein.com/

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