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In this tutorial, Erin explains the Variable Compensation Bonus Template available on the Time Saving Templates website. She highlights the key features of the template, emphasizing that users should fill out only the green cells, while the white cells are optional. The gray cells automatically calculate the bonus payout based on the entered data. Erin addresses a common question about managing the template when sending it to various managers for their inputs, suggesting that the users will need to consolidate the returned files for final calculations. For detailed guidance, Erin references another video demonstrating how to use the template effectively.
