Reckitt Benckiser PLC has developed a system of executive compensation. This case describes the structure of the system, its emphasis on performance-based pay and a global perspective, and explains the role of the human resources department, the board of directors and shareholders in determining pay. This raises the question of how to balance the incentive to reward effective recruitment and retention of top managers, while the decision of the shareholders concerned about executive compensation. "Hide
by Jay W. Lorsch, VG Narayanan, Krishna G. Palepu, Lisa Brem, Ashley C. Robertson Source: Harvard Business School 19 pages. Publication Date: January 27, 2004. Prod. #: 104062-PDF-ENG