Texas Roadhouse CEO Donates Salary To Front-Line Employees
The CEO of Texas Roadhouse wants to help his employees during these unprecedented times by giving up his salary to his employees. During the COVID-19 outbreak, many companies have had to layoff or furlough their employees without pay while many states and cities are forced to shelter in place. One company that is trying to help their employees as much as they can is Texas Roadhouse. The CEO of the restaurant chain, W. Kent Taylor, has decided to give up his salary for the rest of the year and give it to the front-line employees who have been impacted by the COVID-19 outbreak. Taylor's total compensation is 1.3 million dollars accord to Louisville Business Journal, while the median salary for the average Texas Roadhouse employee is a little over $13,000 a year. Taylor will not receive a check from March 18th until January 7th, 2021. There are over 500 Texas Roadhouse locations across the US including three in El Paso, one in San Angelo, and one in Abilene.