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In this video, James from Cow Kind explains long-term incentive plans (LTIPs), which reward employees for achieving goals that enhance shareholder wealth. Employees must meet specific conditions under these plans, which can include capped options and stock rewards. LTIPs are primarily designed for employees but should align with the company's overall growth strategy. Understanding the company’s LTIP helps employees identify key areas that require focus to drive long-term growth. Subscribers are encouraged to click the bell icon for updates on new content.