diff --git a/package/dhcpcd/dhcpcd.mk b/package/dhcpcd/dhcpcd.mk
index a194bce323..ba1481e83d 100644
--- a/package/dhcpcd/dhcpcd.mk
+++ b/package/dhcpcd/dhcpcd.mk
@@ -17,6 +17,9 @@ DHCPCD_CONFIG_OPTS = \
 	--os=linux \
 	--privsepuser=dhcpcd
 
+DHCPCD_MAKE_OPTS = \
+	BINMODE=755
+
 ifeq ($(BR2_PACKAGE_DHCPCD_ENABLE_PRIVSEP),y)
 DHCPCD_CONFIG_OPTS += --enable-privsep
 else
@@ -43,11 +46,11 @@ define DHCPCD_CONFIGURE_CMDS
 endef
 
 define DHCPCD_BUILD_CMDS
-	$(TARGET_MAKE_ENV) $(MAKE) -C $(@D) all
+	$(TARGET_MAKE_ENV) $(MAKE) -C $(@D) $(DHCPCD_MAKE_OPTS) all
 endef
 
 define DHCPCD_INSTALL_TARGET_CMDS
-	$(TARGET_MAKE_ENV) $(MAKE) -C $(@D) install DESTDIR=$(TARGET_DIR)
+	$(TARGET_MAKE_ENV) $(MAKE) -C $(@D) $(DHCPCD_MAKE_OPTS) install DESTDIR=$(TARGET_DIR)
 endef
 
 # When network-manager is enabled together with dhcpcd, it will use