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In this tutorial, Erin from Time Saving Templates addresses a common question regarding the variable compensation bonus template. She highlights that users should fill in the required information in the green cells of the template, while the white cells are optional. The gray cells automatically calculate the bonus payouts. Erin provides guidance on how to manage the template when sending it to different managers for their input and explains the process of consolidating their responses once they return the files. She emphasizes the importance of understanding the template's functionality for effective bonus calculation.