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Askamanager
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our ex-CEO’s son can’t do his job and is overpaid
- A reader wrote to Alison Green’s Ask a Manager column seeking advice on what to do with the boss’ son who is being overpaid and lacks qualifications for his job.
- Jasper was hired to a senior role by the ex-CEO, his parent, who retired six months ago. In that time the new CEO has implemented new processes, including feedback for employees, but Jasper is still failing to perform.
- The bigger issue is that he is being paid disproportionately for his job. Based on a comprehensive wage review for the industry, Jasper is being paid 10-15% more than is appropriate for his position. Other employees are being paid 20% less than their market value.
- It’s not exactly his fault that the ex-CEO/parent put him in this situation, but do you keep paying him more than he’s worth?
- It appears that Jasper is being treated as a special case, but this has hindered his performance, his professional network and given him unnecessary scrutiny.
- Realistically, do you think Jasper will be able to perform at the level his job requires within a reasonable amount of time? If not, it might be best to let him go.
- If Jasper will be able to perform at the required level then he should be given some notice that his pay will be cut but also given time to think.
- It is best to deal with Jasper’s case candidly and head-on so that the situation can be cleaned up as quickly as possible.
- The CEO could alternatively dismiss Jasper and pay him severance, explaining that he needs a different set of skills for the job. This may be the most straightforward option.
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