Fed up with "Entitled" employee

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I really don't understand them, and their reasoning. I have one employee under me that feels he should get a raise and a bonus for anything that HE feels doesn't fall under his job description. He actually tells me that he will do the work "Pro-Bono" (on the clock of course" to show how qualified he is to do that task, but for any future projects he want's to be compensated for his time. So I had to gently put it to him, that he is being compensated, he is getting paid by the hour and that task indeed falls under his job description. Which he of course doesn't agree with. Just some of the things coming out of his mouth I am actually flabbergasted, at times I have to look around because I feel like I'm being punked. I am just at a loss with that kid, what has become to the millennial generation, for them to actually tell an employer that they are entitled to have a good job with good benefits because they have a degree, and they should make more money then they were offered or are currently making, because a simple google search told them he is worth more. He sits in front of a computer playing games instead of working because it's not in his job description to do that job. Even so clearly it does list that famous generic line, that it's up to management to add or change any projects. I know he gets it from his mom, and before anyone attacks me for that statement, let me tell you something and explain further. I am myself a mom of a 23 year old, if my son behaved like that, I would knock him upside the head, thankfully he knows better, and before I go on, I know it's not everyone (I just happened to get stuck with one, after the last manager left me with him) and the reason I blame his mom. Is because she actually comes to our office everyday, dropping off food and something to drink, and if he happens to work on a project he feels like he shouldn't be working on, she actually tells him NOT to do it and to give it back since he doesn't get paid for it. (yes, he does get paid, he is an hourly employee and the task are to be done during business hours) Anyways, she goes through everything any paperwork doesn't matter what, that he may have to sign, she will look over and take to a lawyer to read through it, before he signs it, by the way he is 35 and still lives with his mom. How will the kid ever learn how live really works. I am at a loss of what to do, he is an overpaid chair warmer, this Thursday should be fun...Time for his evaluation, I asked my boss to attend, he needs to see this with his own eyes. Ok, Rant over...any ideas, comments are more then welcome.