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hi there james with you for cow kind and in this video we're focusing on the concept of long-term incentive plans but first how about a little incentive for us to keep you informed the best way to do that is to subscribe to the channel and for your own benefit click the bell icon to stay across the latest videos from cow kind alright let's take a look at what a long-term incentive plan is under a long-term incentive plan a company rewards those employees who can reach goals that increase the shareholders wealth the employees must fulfill specific requirements and conditions in a long-term incentive plan also known as ltip there are different types of ltips and recipients obtain capped options along with stock rewards ltips are geared towards employees however the policy is a function of the organization itself aiming to achieve long-term growth after creating a match between the company's ltip and the growth plan of the company the employees ascertain the areas which require the most...
