There have been many companies who have stopped giving employees stock options. By doing this, companies hope to save money, but there is much more to this problem. Firstly, companies want to prevent employees from a loss.

If the stock value were to drop, then the employees will find that it is nearly impossible to cash-in their stocks. Learn more about Jeremy Goldstein: and

Secondly, the employees are fully aware that this method isn’t the safest option for them, thus they tend to veer away from it. Lastly, there is a significant amount of burden in the hands of the accounting officer because of the numerous transactions.

Although ridding of the stock options may seem like a plausible idea, there are many benefits to keep it. One such benefit is that these type of compensation are still preferable to wages and other bonuses because most of the employees understand stock options and the possibility that can become wealthy if the company propels into success.

The solution to this problem, however, is a barrier option known as “knockout.” They are similar to stock options in that they both require the same time constraints and vesting requirements. However, the only exception is that if the stock falls under a specified value, then the employees lose them.

Jeremy Goldstein, a lawyer with over 15 years of experience, is the man behind this “knockout” option. Goldstein first began this illustrious career when he established a law firm in New York. Today, many corporations turn to Goldstein when they have problems with employee benefits.

Goldstein has been part of affairs that involves large companies such as Verizon, AT&T, Chevron, Duke Energy, Bank One and Merck. Moreover, Jeremy is a contributor to the Harvard Law School Forum on Corporate Governance and Financial Regulation.