There has been a constant debate in the corporate world on the use of Earnings per Share (EPS) as a form of incentive as well as the use of performance-based pay programs. Different personnel differ in the benefits and mishaps of these incentive methods.
The antagonists suggest that EPS within a corporation can lead to favoritism of the heads of the companies like the CEOs. They argue that EPS provides company presidents and Administrators of enterprises with immense influence over whether or not metrics are being met, manipulating precise results. What this means is that those at top ranks in an establishment could be manipulating metric results to increase the sale of shares which is unlawful and misrepresentative. However, those in support of this form on incentive argue that EPS has an enormous drive on the stock price and that it provides for the company to be able to pay their employees better hence increasing the quality of their services.
Others argue that these types of metrics are only interested in the short term profitability and in no way do they support the company’s corporate growth. Performance driven pay sequencers are also carped for being undependable and over changing. It is in these situations that the companies turn to their go-to attorney Jeremy Goldstein who always offers the better alternative. I this case, Jeremy Goldstein suggests that instead of entirely doing away with these programs, enterprises should find a way to hold their executives accountable and ensuring that they match their programs with their long-term company goals, sustainable growth and also the growth of their share value.
Jeremy Goldstein is a lawyer partnering at the Jeremy L. Goldstein and Associates LLC. This is a law firm that works on guiding reimbursement boards, presidents, administration teams and organizations in executive reimbursement ad supremacy problems. Jeremy Goldstein is also a leader of the Mergers and acquisitions subcommittee. Jeremy is also known for the work he has written on the topics of compensation and governance.
Before founding this firm, Jeremy Goldstein worked as a partner at the Law Firm of New York and has been part of a number of the prevalent commercial dealings in the recent decade. All these years of experience in addition to his J.D from the Law school at the University of New York, Chicago University M.A and B.A from Cornel University make him just the right person for corporations to go to for corporate advice. Learn more: https://thebrotalk.com/bro-recommendations/jeremy-goldstein-gives-us-nyc-recommendations/