To say hello, of course. Puppies are social creatures and happy and excited to greet just about anyone! Jumping, leaping and bouncing are ways your dog shows affection and receives attention. When a puppy is very young, we usually sit on the floor, let them wiggle into our laps and allow them to lick and nuzzle up close to our face. This is OK because we are down at their level.
Dogs like and need consistency, so if you are not allowing your dog to jump on you, everyone in the family and everyone who greets the dog must do the same. You, as an owner, must make sure this happens. It will only confuse a dog if you allow them to jump on some people who say they do not mind, and tell him not to jump on others. Once you decide you do not wish your dog to jump on people you must apply this to everyone at all times unless you give the dog a command to jump. A dog should never jump on a human of its own free will.
When he gives up and stands still (staring at you like you’ve gone crazy), THAT’s when you greet your dog and give him some love and attention. This is the reward he was looking for. Following these rules will ensure he learns that he will only earn that reward by not jumping (don’t overdo the high-pitched voice saying, “GOOD BOYYYYY” or it will just rile your dog up even more to start jumping again).
Also, it's your job to never let anyone else allow your puppy to jump up on them! They will say, "It's OK, she's just a puppy, I don't mind if she jumps on me". You must rush in and pull the puppy down immediately, put your pup in a sit, praise the puppy then scold the person ! Continue to hold the puppy in a sit and let the person greet the pup. Explain to them they can never allow the puppy to jump on them - the puppy must sit to be greeted. To stop the jumping up behavior in pups, I do as much people training as puppy training!
When a dog jumps on a human of its own free will, it is not "greeting" the human, it is asserting its dominance over the human; it is the dog communicating that it is alpha and/or wishes to own/control the human. A subordinate would never dream of running over and jumping on the alpha dog of the pack. Space is respect and lower members of the pack respect the higher members. If your dog jumps on humans, it does not respect them. Note: when a young puppy jumps on humans it is sometimes its attempt to reach one's face. Puppies need to be taught not to jump up on humans as this behavior will manifest into other meanings as the puppy grows up into an adult dog.