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In this tutorial, Erin discusses the variable compensation bonus template available in the human resources spreadsheets section. She explains that users should fill out the green cells, which are mandatory, while the white cells provide optional additional information. The gray cells automatically calculate the bonus payout based on the entered data. Erin addresses a common question about managing the template when distributing it to different managers for input. She emphasizes the importance of consolidating the returned files from various managers. Erin also mentions having another video that explains how to use the template in detail.