Reckitt Benckiser needs to wean itself off a dud pay model | Nils Pratley

When a scheme for calculating exec pay can’t stand the lightest brush with common sense, it’s time for changeShed no tears for Rakesh Kapoor, the chief executive of Reckitt Benckiser who has had £11.2m deducted from his 2017 pay package. He still earned £12.5m, owns shares in the Dettol-to-Durex firm worth £40m and this year is chasing a £22.7m maximum jackpot. He’ll get along fine. No need for a Nurofen.Reckitt has too often over the years found itself