Graded Homework

 

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.