Discuss the main difference between equity and exchange

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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Discuss the main difference between equity and exchange : what is the main difference between the equity and exchange philosophies of compensation the equity philosophy is based

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