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In this video, the concept of long-term incentive plans (LTIPs) is discussed, focusing on how they reward employees for achieving goals that enhance shareholder wealth. Employees must meet certain requirements to qualify for these incentives, which often include capped options and stock rewards. LTIPs are primarily designed for employees but should align with the organization's overall growth strategy. By matching the LTIP with the company's growth plan, employees can identify key areas for development, ultimately fostering long-term growth for the company. The video encourages viewers to subscribe for more updates on this topic.