Jeremy Goldstein Explains Why Companies Slash Stock Benefits

Jeremy Goldstein explains the new phenomena behind businesses cutting benefits like stock options to employees, and the end result is pretty simple: it saves the employer money. However, other reasons can be more complex than just saving money.

Some of those reasons include the idea that stock theoretically could drop to very low levels which would debilitate the employee from being able to exercise their stock options effectively, many employees are wary of stock as it can plunge without notice if the company goes under, and options result in considerable burdens for the accounting department.

In the case of the stock plummeting, many employees have been surveyed by companies and largely the findings are that they prefer additional hourly/annual salary and more compensation in their pay than they would rather have extra stock. Others prefer better insurance. Learn more about Jeremy Goldstein: http://files.ali-aba.org/pdf/Goldstein%20new%20BIO.pdf

Plus, companies prefer that as it makes the treatment for all employees more equal and unbiased. Many companies are also offering discounted stock to keep employees happy, allowing them to purchase the stock at 25-50% of what someone outside the company pays for it. That’s a solution that meets in the middle of the road for everyone.

According to American Conference, Jeremy Goldstein is a Partner at Jeremy L. Goldstein & Associates (LLC) who graduated from the New York School of Law back in 1999. Today, he has over 15 years of experience with law and helping people understand their rights. His career includes a 14-year stint with Watchell, Lipton, Rose, & Katz before coming to establish his own law firm in 2014.

Jeremy Goldstein’s focus throughout his career has been corporate compliance with compensation issues that arise between employers and employees and ensuring that the laws are followed when disputes arise as well as when companies merge to make sure everyone gets what was owed to them according to the corporate compensation requirements written into the law.

Securus Technologies Battling Gang Wars in Prison

In the last few years of working as a corrections officer inside the state prison, I have seen the gang population explode. Not only do we have more gang members, we have more gangs to separate. If the gangs are not separated by affiliation, then we have to deal with more violence than we are prepared to handle. We discovered that when the gangs are separated, as long as you give them a degree of respect, peace can be maintained inside these prison walls.

 

Even when we have the gangs separated, there are situations that can trigger violent episodes. One of these things is drugs, and these drugs cause more problems that we care to deal with. Drugs not only make inmates more violent, they can be used to force low-level gang members to sell to inmates, making the problem go from a few inmates to the entire prison population. In the past, we have used a number of resources in the jail to control drugs, like opening mail, searching guests, and cell inspections. None of these have had such a major impact as the inmate telephone monitoring system.

 

Our jail commissioned Securus Technologies to place their call monitoring system in our jail to help curb gang violence. Before we learned how to use the LBS software, we had no idea what type of impact the system was going to have on the problem. Securus Technologies is installed in thousands of prisons, and all the employees and CEO of the company are dedicated to the company objective of making the world a safer place to live. As soon as we started utilizing this resource, we heard inmates talking about where drugs were hidden, who is getting the drugs to the prison, how they get them, and who is ordering other inmates sell drugs.