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In this tutorial, Erin from Time Saving Templates addresses questions about bonus program calculations, specifically for a quarterly bonus plan. She introduces three types of templates for variable compensation and sales commission, which allow users to input employee and company information to calculate bonuses. The three templates discussed are: Variable Compensation, KPI, and Sales Commission, each with dedicated videos for detailed instructions. The Variable Compensation template is ideal for larger companies, featuring standard salary bands and performance rating systems, and it accommodates up to a thousand rows for data input. Erin promises to provide links to additional video resources on how to use each template.
