Yes and the CEO's and VP's of my company sit on your BOD and you sit on mine. Good old boys network.
Interesting. It's taking a long time to diversify companies but it's a lot easier to find some blacks, Hispanics and women to sit on BOD's.
Here's something you'll understand. Didn't Hunter Biden sit on the BOD of Burisma? Nothing shady going on there right?
And no, the BOD does not determine it. My brother is VP of HR. He decides his bosses raise and his boss decides his raise. They totally hook each other up. But they are really cheap with labor. The lower you go on the totem poll, the cheaper they get. Like the rich are getting rich off the backs of the poor.
Democrats share a little more with labor. That's the only difference between the two parties when it comes to economics. Trickle down vs Giving Labor a seat at the table. Creating a strong middle class.
Republicans look at labor and see cost not an asset.