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In this tutorial, Erin introduces the newly added Employee Performance Review Template from Time Saving Templates. This template is designed to facilitate performance ratings for employees, which can be utilized in various related templates. It integrates with the Variable Compensation Bonus Calculation Worksheet, allowing users to establish a bonus matrix based on employee performance ratings. Additionally, it connects with the Annual Merit Increase Template, enabling differentiated base pay increases according to performance ratings. Erin provides a look at the blank version of the template, emphasizing the "All Employee Details" page, which is structured to accommodate 20 employees, with a separate tab for each.
