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In this video, James discusses long-term incentive plans (LTIPs), which reward employees for achieving goals that enhance shareholder wealth. Employees must meet specific requirements to qualify for these incentives. LTIPs typically include capped options and stock rewards, focusing on employee performance. The design of LTIPs is influenced by organizational goals, aiming for sustained growth. Employees can identify key areas for improvement that align with the company’s growth plans. The video encourages viewers to subscribe to the channel for ongoing updates and insights.