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Erin from Time Saving Templates introduces the new Employee Performance Review Template, designed to streamline the process of copying and pasting employee performance ratings for various evaluations. This template is particularly useful for the variable compensation bonus calculation worksheet, where performance ratings inform bonus allocations, and the annual merit increase template, which helps determine base pay increases based on employee performance. The presentation shows a blank version of the template, specifically set up to accommodate 20 employees, with individual tabs for each employee's details.
