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In this tutorial, Erin from Time Saving Templates addresses common questions about the variable compensation bonus template. She explains how to use the template found under human resources spreadsheets. The template requires users to fill in the green cells, with the white cells providing optional additional information. The gray cells automatically calculate the bonus payout. Erin also discusses managing multiple files when sending the template to different managers for their input and how to consolidate the information once it's returned. For a detailed walkthrough on using the template, she mentions another video is available.