What is the main difference between the equity and exchange philosophies of compensation? The equity philosophy is b
Question 1
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.
The answer can be found in Section 4.4, Employee Environment.
Question 2
Dual-career marriages, stress management, and employee outplacement are ________.
examples of an employee’s assets and liabilities
indicative of company preparation and career development strategies
career challenges that can be addressed with different programs
provisions included in a collective bargaining agreement
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