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In this video tutorial, Erin discusses the variable compensation bonus template available in the human resources spreadsheets. She explains that users need to fill out the green cells, which are mandatory, while the white cells offer optional information. The gray cells automatically calculate the bonus payout based on the provided data. Erin addresses a common question regarding how to manage the process when distributing the file to different managers for their input. After collecting the completed files from the managers, users must consolidate the information effectively. For detailed instructions on using the template, Erin references another video.