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In this tutorial, Erin from Time Saving Templates introduces the newly added Employee Performance Review Template. This template complements other existing templates that require copying and pasting employee performance ratings, such as the variable compensation bonus calculation worksheet, which uses these ratings to establish a bonus matrix, and the annual merit increase template, which allocates base pay increases based on performance. Erin presents a blank version of the Employee Performance Review Template, designed for up to 20 employees, highlighting that each employee has a dedicated tab for easier management and organization of their performance details.
