Could Becht's payout pull up UK pay?

Thursday 8 April 2010 at 07:35

Remuneration experts and analysts fear that the huge payout unveiled for Bart Becht, the chief executive of Reckitt Benckiser, could push up pay across the board at UK companies - regardless of performance.

Reckitt Benckiser investors have largely approved of the package given that Becht made most of the money selling options and presided over a decade of dramatic outperformance.