Question: What is the main difference between the equity and exchange philosophies of compensation? The equity philosophy is based on available budget; the exchange philosophy is

What is the main difference between the equity and exchange philosophies of compensation?
The equity philosophy is based on available budget; the exchange philosophy is based on profit margins.
The equity philosophy is based on fairness; the exchange philosophy is based on employee value.
The equity philosophy is based on profit margins; the exchange philosophy is based on available budget.
The equity philosophy is based on employee value; the exchange philosophy is based on fairness.
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What is the main difference between the equity and exchange philosophies

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