Comp & Benefits Assignment Please do your best to answer the following questions/scenarios related to compensation & benefits. You should consult text and online resources as appropriate to help you (for example, you may need to look up a law specific to the state of Colorado through the Colorado Department of Labor, or you may find relevant information through websites like SHRM, O*Net, etc.

4. How and why would an HR manager utilize a salary survey?

5. Pablo is an employee at a credit union. His position is classified as exempt but Pablo believes it should actually be classified as non-exempt. a. Explain what exempt versus non-exempt means and why is it important to Pablo and his employer. b. Explain the factors that should be considered in determining whether a job should be classified as exempt versus non-exempt.

6. What do Colorado employers need to know about changes in the Equal Pay for Equal Work Act that went into effect on January 1, 2021? What is/are the key reason(s) stated for this change to the law? Do you think it will be effective (why or why not?)?