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The video tutorial introduces the employee performance appraisal as a crucial tool for understanding employees and aligning their goals with the company's business objectives. It offers a customizable template for annual evaluations that can be adapted for various industries. The template spans four pages: the first page includes instructions and guidelines, while the subsequent pages contain evaluation questionnaires and approval sections. Users can secure the template with a password to maintain its original content. Additionally, there are instructions for adding a company logo on the first page by utilizing the header and footer menu.