No matter the size, industry or the performance of public companies in today’s environment in the corporate business, shareholder activists have a great influence. These companies are thus forced to review their compensation programs ensuring that they take into account the effects of the shareholder activists’ wave of current. Jeremy Goldstein, a business lawyer provides insightful considerations in the management of companies.
Goldstein is the founder of ‘Jeremy L Goldstein and Associates, LLC.’ Corporations turn to attorney Goldstein Jeremy for legal advice concerning employee benefits. Jeremy’s reputation is due to his over fifteen-year experience as a business lawyer who has played significant roles in major transactions involving top companies such as Chevron, Duke Energy, AT &T among others. Jeremy has independently established a law firm and is now serving as a board member of Fountain House-a prestigious law journal and nonprofit firm.
To save money, most firms opt to stop providing employees with stock options. Companies are persuaded to curtail these benefits due to three major problems that include; the probability of significant drop of stock value that may hinder employees exercising options, many employees becoming wary of the compensation method, and the considerable accounting burdens. The compensation method, however, provides equivalent value to all employees, boosting individual earnings in case of the rise of the corporation’s share values.
To continue awarding employees option and at the same time get the benefits and cuts on the costs, Jeremy advice firms to adopt the right strategy and embrace a “knockout” barrier option. The “knockout” mechanism helps firms reduce the initial accounting costs if the company’s stock is comparatively volatile. Stockholders’ worries on shrinking ownership shares as well are reduced. The knockout clauses that result in compensation figures being lower, looks better for shareholders. Even though the knockout option is not providing solutions to all problems, many of the biggest hindrances associated with stock-based compensation are eliminated.
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The last 20 years have been among the best in American history in which to be incarcerated in one of the country’s many prisons. This is largely due to the fact that modern prisoners are able to access cheap means of communication, being able to stay in contact with their family members and friends on the outside in ways that they never were able to do before.
This revolution has been brought about by highly innovative technologies created by such companies as Securus Technologies, one of the largest inmate communications providers in the country. Securus has spent over $1 billion of its own money over the last decade devising new technologies that allow inmates to stay in contact with their loved ones like never before. One of the most innovative technologies the company has devised has been its video visitation service, which allows inmates to communicate face-to-face with their loved ones on a high-definition display for just $0.15 per minute on average.
Securus also provides significant revenues to the institutions in which it does business. In 2016, the company provided nearly $500 million in payments to the prisons in which it operates, making up for significant budgetary shortfalls in prisons across the United States. This revenue is often a means of funding crucial dimensions of the prisons’ operations, such as the hiring of staff and the provision of beds.
In addition, many studies have shown that inmates who are able to stay in frequent contact with their loved ones on the outside, avoiding becoming completely socialized to prison life, have markedly better outcomes upon being released. Securus has shown that prisons that install video visitation systems also have lower rates of behavioral infractions among inmates, leading to a safer environment for both inmates and staff alike.
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There is an information drought tearing a hole right through the most important parts of medical research in the United States. Cancer research is one of the largest medical endeavors in the world and it is woefully prepared to accommodate all of the various researchers trying to find a cure. Eric Lefkofsky, the co-founder of Groupon, is shifting gears in order to take a serious look at this problem and try to find a remedy. Lefkofsky founded the company Tempus in order to address the problems of information accessibility relating to medical research and his solution might just be the key to medical breakthrough.
Eric Lefkofsky is a passionate man who is as well known for his work with Groupon but he is also fiercely dedicated to helping others. You need only look at his work with the Lefkofsky Family Foundation and the Lurie Children’s Hospital of Chicago to see this as true. Lefkofsky decided to approach cancer research with that same level of passion and compassion and that is what brought him to form Tempus. You see, early on in the development process Lefkofsky came to a startling and stark realization: the medical field was not organized enough or prepared enough to mainline their efficiency of research. The results of this inefficiency was that a cure or treatment would be delayed, people would suffer, and people would end up passing away and more information click here.
Cancer has been stumping the medical research field for generations but with Tempus there might be an opportunity to change the fundamental approach to the work. Lefkofsky routinely tells a story about trying to learn info relating to the medication Herceptin. He points out that you could go into a random cancer center in the United States and be stonewalled if you requested patient care data in order to see why Herceptin worked, what was wrong with it, and how to fix it. He says that researchers would need “a grant and at least 90 days” and what Eric knows.
So how does Tempus solve these problems? The company focuses on putting a technological layer over top the electronic medical records that are commonplace. The result of this work is that all data will be pooled into an aggregated area where patients and health professionals will have near instant access and Eric’s lacrosse camp.
More Visit: https://www.bizjournals.com/chicago/news/2017/04/12/groupon-co-founder-moves-to-help-youth-access-art.html
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