Austin-based burger chain P. Terry’s is shifting to an Employee Ownership Trust, or EOT, and rolling out profit sharing, in a move its leaders say will improve worker retention and support plans to expand beyond its five existing stores in San Antonio. The EOT structure — rare in the United States — makes employees beneficiaries […]
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Burger chain P. Terry’s eyes more San Antonio stores as it bets on employee ownership
The worker-focused concept expanded to San Antonio in 2021, opening its first restaurants outside its Austin home base.
