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In this video tutorial, James from Cow Kind discusses long-term incentive plans (LTIPs). LTIPs reward employees who achieve goals that enhance shareholder wealth, with specific requirements and conditions. Various types of LTIPs exist, offering capped options and stock rewards to employees. The plans are designed to align employee performance with the organization’s long-term growth objectives. By matching the LTIP with the company's growth strategy, employees can identify key areas that need focus for achieving collective success. Additionally, viewers are encouraged to subscribe to the channel and enable notifications for future updates.