Jeremy Goldstein is an executive compensate expert, and he explains some complicated reasons have led to many companies stop giving stock options to its employees. The stockholders might face the risk of option overhang because the companies must report all the associated expenses to them. The employees may not be able to implement their stock options if the value fluctuates and it’s a loss to them. Additionally, the employees are afraid of the compensation method due to drastic fall in stock value which might render them worthiness. Last but not the least, the company may incur accounting burdens.
Some benefits of the plan are additional wages, equities, and better insurance coverage. Jeremy Goldstein also observes that employees’ personal earning increase as the stock options gain and hence the company’s success. The employees work hard to attract and maintain more customers to keep the company on the profit making track. He adds that stocks are better compared to shares because they don’t draw heavy tax burdens to the company. To avoid extra cost in implementing the plan, the company can adopt knockout barrier strategy. This kind of option gets rid of the obstacles arising from stock-based compensation, but the company should first discuss with the relevant stakeholders before implementation.
Jeremy Goldstein holds a BA degree from Cornell University. He also has a Masters of Arts from Chicago University. Jeremy also has a J.D (Juris Doctor) degree from New York University School of Law. Jeremy Goldstein is currently a partner since 2013 at Jeremy L. Goldstein & Associates, LLC.
Through the experience of over 15 years as a business lawyer, Jeremy provides legal advice on matters compensation to companies. He also advises them on compensation program to apply for the employees’ benefits. He participated in acquisition deals at Chevron, AT & T, Duke Energy, and Verizon among others.
Connect with Jeremy Goldstein on LinkedIn.
Mike Baur is a famous Swiss entrepreneur and businessman who co-founded the Swiss startup factory company. He is the company managing partner, and he has a vast experience of more than 20 years in the banking sector. Over the years Baur worked for Clariden Leu and UBS. Back in 2014, both Max Meister and Oliver Walzer founded whats today known as the startup Swiss Start Up Factory. However, prior to that, he had quit his lucrative business to invest in startup companies.
Baur was once a jury at University of St Gallen Start Summiteers known as a startup pitching content. In January 2016 CTI Invest named Baur as its deputy managing director this is after the company partnered with Swiss Startup factory. Baur has led Swiss Startup Factory through the accelerator program in early 2016 with Goldback Group and partnership with Fintech fusion in February 2016. Wall Street Journal in December 2016 profile Baur career from Swiss banking to a renowned startup investment and entrepreneurship.
Mike Baur has led quite an admirable, inspiring and impressive life that is full of successes and stardom. Mike was born in a Switzerland Freiburg. He is a learned with degrees from the University of Rochester and the University of Bern. At a young age of 16 years, Baur began practising his banking career and rose to different ranks, but his long-term plans were to start his own company. He has worked in various companies like UBS, and Clariden Leu.
Baur primary interest was in technology, and he aimed at helping young and talented entrepreneurs to succeed. He started with the Incubator program that saw him aid many of Swiss entrepreneurs by giving them exclusive mentoring and training services. The Swiss Startup Factory main agenda is to provide funds to tech startup companies. Additionally, the company also offers free offices, three-month personal assistance, marketing procedures, funding and educational process that leads to long-term success.
Mike Baur primary duty in the company is fundraising as well as financing rounds for any promising tech company thorough Swiss startup factory. The company core mission is to create global companies that offer high standards of products, business models and change the prevailing trends. Their incubator program provides all the necessary advice, finances, networking and entrepreneurship.
Mike Baur is a board member at BV4. Following his dream has made him expedite startup processes to become a more prominent company which has fostered new invention and thus changing the tech market at an opportune time.