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In this video tutorial, the speaker addresses the challenges businesses face when investing in training employees who may leave or when key hires accept offers elsewhere. To mitigate these issues, the speaker suggests revamping compensation strategies, specifically through the implementation of a deferred compensation plan. This plan can positively impact a company's bottom line, help retain key employees, and attract top talent. A deferred compensation plan is described as a straightforward model where an employee is promised a future bonus contingent upon achieving specific goals. Implementing this strategy effectively can lead to growth and increased motivation among employees.