Share this article:

Culture | Lap-dancing clubs used to inspire staff to hit targets

Lap-dancing clubs used to inspire staff to hit targets

When employees turn up to work, they expect to fulfil their professional duties and to meet impeding corporate deadlines – not to be violated or sexually harassed.

Yet, a whistleblower at a top wealth management business has alleged that corporate trips to lap-dancing clubs, sexist working environments and potential criminal activity shrouded the firm’s corporate culture – The Sunday Times reported.

The whistleblower, who worked at one of St James’s Place (SJP) Wealth Management's Partner Practices, claimed that she felt pressured to “use her [physical assets]” to sell products, and said that she was told by senior staff that she would be successful at selling as she was a woman and because she was ‘a bit of a pocket rocket’.

In a string of allegations put forward by several ex-workers, one former senior advisor claimed that “every quarter the regional managers [were] given a budget to incentivise production [which] normally took the form of an expensive meal in London followed by lap-dancing clubs”.

Continue reading for FREE!

Sign up for a myGrapevine account to get:

  • Unlimited access to News content
  • The latest Features, Columns & Opinions
  • A full range of specialist HR newsletters to choose from

Welcome Back

Sign up for myGrapevine

* By creating an account you agree that you have read and agree to our Terms and Conditions and that Executive Grapevine International Ltd and its partners may contact you regarding relevant content and products. You will also be added to the HR Grapevine newsletter mailing list.