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In this tutorial, Erin discusses the variable compensation bonus template, highlighting its setup and functionality. Viewers are guided to find the template in the human resources spreadsheets. The template requires users to fill in information in green cells, while white cells offer optional data. Gray cells automatically calculate the bonus payout. Erin addresses a common question regarding the management of this template when sending it to various managers for their input. The process involves distributing the file to managers, who will input their data and return the file for consolidation. Erin also notes that an additional video is available for further guidance on using the template.