Challenging, rewarding work, with drawbacks. - Principal Consultant ERM Employee Review

ERM has one of the highest profit margins in our industry. Being a consultancy, the majority of this comes from the profit on billable hours. While this isn't necessarily a con on its own, the constant pressure to meet high billable hours goals, coupled with the margins ERM makes on those hours, starts to smell of greed on the part of the Partners and equity partner. Overall, this seems shortsighted, and reductions in billable hours goals for some leaders should be considered to allow these people to be force multipliers.