Before you start reading this post, please note that I am not politically correct, nor do I use gender pronouns as is currently popular. And while all comments are welcome, I ignore comments that relate to my PC compatibility . Now let’s get down to a case study.
Fred, aged 48, has worked as Deputy CFO at large and well known international law firm, for whom he has been working 20 years. Fred’s boss, Harold, is 58 years old and has been with the firm since day one. Harold focuses on relations with tax lobbyists, PR in the financial community, and ensuring that he is involved in large new contracts to ensure profitability. Fred, on the other hand, does all the grunt work, at which he is very very good: thorough and meticulous.
Fred’s wife, Joselin, thinks it’s time that Fred take a crack at a CFO job and leave the law firm where “you will never get promoted till Harold kicks the bucket”. Joselin feels that the law firm takes Fred for granted, although he is very well paid. But, the company doesn’t allow Fred to travel first class to Japan (5 times a year) whilst Harold does have that privilege. And Harold has purchased a flat for his 4 kids, while Fred and Joselin can be generous, but not that generous.
Joselin also thinks that her husband needs to start to play “major leagues”, and not “plod on like a run-of-the mill ‘comptable’ (accountant in French)”.
It’s November now and the firm is planning its review process. Joselin has been pouring it on very thick lately, and Fred has even acquiesced to meeting a few young entrepreneurs who want a CFO to build the company, raise money, keep the firm on track, and join all negotiations. And the start ups are offering huge options and fat salaries.
No one on Fred’s firm knows too much about Joselin except that she is French (Canadian), the Head of The Physics Department at a local (very well known) university, dresses well and appears to be an excellent supportive partner to Fred as well as a devoted mother.
Fred is about to get the regular feedback -“huge asset to company; what would we do without you; 15% salary raise; one day the CFO job is yours; you need to trust your people more”. Joselin, in the meantime, is turning the screws, and Fred is torn.
It’s easy to claim that there is a separation between family life and work. But this is not always true. In many cultures, it is never true, especially in Middle eastern cultures and family businesses. In Western cultures, there is separation barrier, but a weak one.
But one thing is sure-the impact of the spouse on decisions that an employee makes are critical-and those who take the separation barrier to be very rigid, do so at their peril.