When the CEO of the restaurant chain, Texas Roadhouse, saw the need to preserve stability for his employees, he took action.
Kent Taylor put forth his remaining 2020 salary and bonus to make sure his employees were taken care of during the shut down measures.
With such a successful chain, his remaining salary and bonus came to about $1,050,000. He rolled out his own type of stimulus plan.
You've just got to let your people think on their own. You've got to be entrepreneurial, and they will figure it out and we are going to serve America and we're going to also take care of our people.
- K. Taylor, CEO Texas Roadhouse