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In this tutorial, Erin from Time Saving Templates introduces the new Employee Performance Review Template. This template is designed to assist in tracking employee performance ratings, which are essential for calculating variable compensation and annual merit increases. The tutorial highlights its integration with other templates—specifically, a bonus calculation worksheet and an annual merit increase template that utilize performance ratings to inform bonus matrices and pay increases. Erin provides a brief overview of the blank version of the template, emphasizing its capacity to accommodate details for up to 20 employees, with separate tabs for individual employee information.
