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In this tutorial, Erin from Time Saving Templates discusses the Variable Compensation Bonus Worksheet available in the Human Resources spreadsheets section. She demonstrates how to use the template, emphasizing that users need to fill out the green cells, which are mandatory, while the white cells are optional for additional information. The gray cells automatically calculate the bonus payout based on the input. Erin addresses a common question regarding how to manage the template when it needs to be distributed to various managers for their input, explaining the process of consolidating their responses once received.