Polaris Renewable Energy (PRE) is making waves with a proposed change to its long-term incentive plan for employees. This update could impact how PRE attracts, retains, and motivates its workforce. But what exactly is changing, and how will it affect employees? Let's dive in! What is a Long-Term Incentive Plan? A long-term incentive plan (LTIP) is a program companies use to reward and retain employees over an extended period. These plans often involve stock options, restricted stock units (RSUs), or performance-based bonuses tied to company goals. LTIPs incentivize employees to stay with the company and contribute to its long-term success. Why is PRE Changing its Plan? The specific details of PRE's proposed changes haven't been released yet. However, companies typically modify LTIPs for various reasons. Here are some possibilities: Aligning with Company Goals: Perhaps PRE wants to tie incentives more closely to specific company objectives, like achieving renewable energy t