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In this tutorial by Cow Kind, James explains long-term incentive plans (LTIPs), which reward employees for achieving goals that enhance shareholder wealth. Employees must meet specific conditions to qualify for these incentives. LTIPs come in various forms, providing capped options and stock rewards. Although primarily aimed at employees, these plans align with the organization's growth objectives. By aligning the company's LTIP with its growth strategy, employees can identify key areas for improvement to drive long-term success. The video encourages viewers to subscribe and click the bell icon for updates.
