Combine the caramel bits, chocolate chips, and butter in a large microwave-safe dish. Microwave at 50% power for 1 minute.

Stir the mixture and then microwave for another 30 seconds at 50% power until melted and creamy.

Add the marshmallows and microwave for 30 seconds at a time until smooth. Stirring in-between each interval.

Add the rice cereal and mix until the cereal is fully coated.

Using a 1/4 cup measuring cup, scoop the mixture and then roll it into a ball. Spraying your hands with oil makes this easy and less sticky.

Place the rolled ball on a parchment lined baking sheet. Compress it with your hand or the flat side of the 1/4 cup measuring cup.

Repeat with the remaining mixture until all 8 cookies are pressed.

Let the cookies sit and firm for a few minutes before serving.

Serve right away or wrap individually in plastic wrap or parchment and store for lunch boxes!