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In this video, Erin from Time Saving Templates addresses a common question about the variable compensation bonus template. She focuses on the variable compensation bonus worksheet found in the human resources spreadsheets. The template requires users to fill out information in the green cells, with white cells being optional. Gray cells automatically calculate based on the inputs. Erin also discusses how to manage the process of distributing the file to different managers for their input and the subsequent consolidation of the data once it is returned. She emphasizes that there’s an additional video available for understanding the usage of this template in detail.