In his insights about how employers should deal with the issue of employee compensation, Jeremy Goldstein insists that there must be a compromise between the employer and the high expectations of the employee.The relationship between employers and employees is, rarely, one of genuine consideration for the other. While an employer wants to maintain a certain operational minimum, the employee wants to be compensated more because they believe the overheads arise by virtue of their understanding, Consequently, conflicts arise from the seemingly selfish ends. The employer on his part will commonly demand respect while the employee seems to be in constant agitation for a pay hike. However, it takes a shrewd and pointed mind to discover that the overall health of a company depends on how well they balance between expenses and the performance of its stocks.
Company Administrators Should Forge an Alliance
Company managers should find a way of convincing their employees to take smaller salaries in exchange for incentives. The employees should be led along to understand why it is imperative to improve the earnings per share of a given organization or person to Jeremy Goldstein warns that since the sustainability of a company is determined by how well it balances between losses and profits. It is also important to maintain a good reputation towards the stakeholders and the public in general. Managers should seek to convince employees to take the reduced incentives in exchange for a better future. Jeremy Goldstein remarks that it is the earnings per share that usually drive the stocks of a given entity to higher prices. Indeed, every investor wants to be part of a highly profitable company. The easy way to tell whether a company is performing well is through studying its final and interim declarations to its shareholders.
It is not an easy challenge to create and maintain a profitable business. Usually, the one who starts the business never really gains much from it because they soon quit. One of the most common problems with startup companies as well as those that are already established is balancing what is to be given out from the company’s coffers and what should be retained for further development or investment. Speaking to various news agencies, Mr. Goldstein points out that earnings per share must be carefully handled and should be the basis for discussing employee incentives. He says that once the earnings per share are improved, there is a higher chance that the company will increase, in terms of its portfolio and profits, generally.
About Jeremy Goldstein
Jeremy Goldstein is a partner at the firm named after him. He became a partner after working with several other law firms. He founded Jeremy L. Goldstein & Associates LLC. The first takes a special focus on advising managers, compensation committees and similar entities on settling the employee’s dues. He has also spearheaded talks for several mergers and acquisitions. Jeremy sits on the NYU Professional Advisory board. Jeremy Goldstein holds masters from the University of Chicago, a JD from New York University and a BA from Cornell.
Learn more: https://www.intelius.com/people/Jeremy-Goldstein/Greenwich-CT/0CRCA91636W