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In this tutorial, Erin introduces the newly added Employee Performance Review Template from Time Saving Templates. This tool is designed to streamline the process of copying and pasting employee performance ratings into various related documents, such as a variable compensation bonus calculation worksheet and an annual merit increase template. Both of these documents utilize performance ratings to establish bonus matrices and base pay increases for employees. The tutorial presents a blank version of the template, specifically formatted to accommodate 20 employees, with a dedicated tab for each individual, allowing users to efficiently manage and review employee performance data.
