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In this video, James from Cow Kind discusses long-term incentive plans (LTIPs), which reward employees for achieving goals that enhance shareholder wealth. Employees must meet specific requirements under these plans. LTIPs can take various forms, offering capped options and stock rewards, primarily aimed at employees while aligning with the company's long-term growth objectives. The effectiveness of an LTIP depends on how well it matches the organization’s growth plan, allowing employees to identify key areas that need improvement to drive success. For updates, viewers are encouraged to subscribe and enable notifications.