Word: staticmanship
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...Staticmanship is the way to avoid the disastrous final promotion. It is a stratagem summed up by the classic injunction: "Cobbler, stick to your last." Peter himself, author of two serious books on disturbed children, thinks that one way he has avoided rising to final placement himself is by turning down lucrative consulting offers. This is known as Peter's Parry, and he admits that if most people employed it they would be nagged to distraction by their wives. A more practical technique is Creative Incompetence, or "creating the impression that you have already reached your level of incompetence...
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