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In this tutorial, Erin from Time Saving Templates introduces a new Employee Performance Review template. This template is designed to streamline the process of copying and pasting employee performance ratings, which can be utilized in various other templates, such as the variable compensation bonus calculation worksheet and the annual merit increase template. Erin explains that these tools allow for the creation of bonus matrices and base pay increases based on employee performance ratings. The tutorial showcases a blank version of the template, demonstrating its functionality for managing details for up to 20 employees, with separate tabs for each employee.
