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Erin from Time Saving Templates introduces a new Employee Performance Review Template, designed to simplify the process of incorporating performance ratings into various related templates. The performance ratings can be utilized in a Variable Compensation Bonus Calculation Worksheet for establishing a bonus matrix based on employee performance. Additionally, the ratings are applicable to the Annual Merit Increase Template for determining different base pay increases according to performance metrics. The tutorial showcases a blank version of the template, focusing on the "All Employee Details" page, which accommodates ratings for up to 20 employees, with separate tabs for each individual.
