Posted by under Law, Lawyers New York

Jeremy Goldstein is the founder as well as a partner at Jeremy L. Goldstein and Associates LLC. This is a boutique law firm that deals with advising CEOs, corporations, compensation committees and management teams in corporate governance issues and executive recompenses and compensations especially when these issues arise in sensitive situations. Mr. Goldstein also worked at the Wachtell, Lipton, Rosen and Katz Law Firm where he was a partner.

Jeremy Goldstein chairs the Merge and Acquisition Subcommittee of the Executive Compensation Committee of the American Bar Association Business Section. He is also listed as the leading executive compensation lawyer in Chambers America’s Leading Lawyers for Business and The Legal 500. He also writes for different journals and has given speeches on corporate governance and executive compensation issues. Mr. Goldstein is also on the Board of Directors of Fountain House, a charity organization that helps in the recovery of people who have mental illnesses.

Jeremy Goldstein offers advice to employees and corporations that stand to lose when factors that help to create a sustainable economic environment for corporations are not properly addressed. He has a lot of experience as he has worked with large organizations such as the Bank of America, Goldman Sachs, and Verizon. Therefore he offers advice on how best to handle the use of Earnings per Share (EPS) as well as other incentive-based programs. Some people have challenged that the use of EPS within an organization can lead to favoritism and a blind eye turned to CEOs as this will allow CEOs and executives a large amount of power to decide whether or not metrics are being met about EPS skewing accurate results. This could result in twisted metric results that would, in turn, determine share sales, something that is illegal. Studies have shown that EPS has led companies to be more successful especially when included as a part of the overall pay structure.

Other people state that EPS only provides short-term profits and it’s not the best way to sustainably support a company’s growth as well as the reinvestment of funds. Performance-based pay has also been criticized for being unreliable and variable. This has led to growing worry of the critics that EPS can be used to back stock exchange. Some experts such as Larry Fink argue that metrics like this hurt everyone including the company. Jeremy Goldstein states that corporations should combine between pros and cons of EPS instead of doing away with pay per performance which acts as an incentive for a better workplace. He recommends that CEOs and company Executives should be health accountable for their actions. This will ensure that the pay per performance matches and is measured against the company’s long-term goals, therefore, providing a platform for sustainable growth as well as a repeatable share growth. Learn more:


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