Apache

www.apachecorp.com
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2 people found this helpful  

Stable company, great benefits

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Internal Auditor
Former Employee - Internal Auditor

I worked at Apache full-time

Pros

Great medical and retirement benefits. Stock incentive plans are enticing. Competitive pay for industry & job market. Seasoned industry employees; great opportunities to learn E&P industry. Stable company; executive management has a history of making smart investment decisions. SAP shop. Audit dept is ACL friendly.

Cons

Company culture is who you know not what you know. In reference to Internal Audit Dept, training opportunities are limited; certifications are not encouraged/supported (i.e. CPA, CIA, CFE); dept. loosely follows IIA stds; closed door culture, lacks open communication.

Advice to ManagementAdvice

Great job on where you have taken company. If you would like to make the company "a great place to work" consider addressing issues with low level management (i.e., managers, directors). Allow employees to feel empowered. Consider changing your annual merit review structure.

Recommends
Positive Outlook
Approves of CEO

64 Other Employee Reviews for Apache (View Most Recent)

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  1.  

    Summer Student Apache

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Intern - Field Engineering Student in Rocky Mountain House, AB (Canada)
    Current Intern - Field Engineering Student in Rocky Mountain House, AB (Canada)

    I have been working at Apache as an intern (less than a year)

    Pros

    -Gave lots of responsibility
    -Safe work environment
    -great training
    -fast pace

    Cons

    -No engineers on site
    -primarily in gas markets

    Recommends
    Neutral Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    Been good to me so far

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Staff Geologist in Perth, Western Australia (Australia)
    Current Employee - Senior Staff Geologist in Perth, Western Australia (Australia)

    I have been working at Apache full-time (more than a year)

    Pros

    Mid sized independent with caring work environment. Empowers employees to follow their heart with great "go get it", no blame culture. Efficient systems processes that let you get on with your job and not do business with yourself (for now).

    Cons

    Highly competitive peer group makes it harder and harder to increase shareholder value - law of diminishing returns kicking in as company grows. CEO close to retirement and in danger of losing direction. Procurement chain on brink of being hijacked by lawyers, middle management layer and SAP on pretext of "value add".

    Advice to ManagementAdvice

    Keep it simple, restrict application of SAP to what it was designed for, do not under any circumstances allow delegation of roles through SAP as has happened at other companies. That's a fast track to doing business with yourself. Review LTI structure - may not provide as much of an incentive as in previous years due to recent rapid growth of company and difficulty in maintaining steady share price increase.

    Recommends
    Neutral Outlook
    Approves of CEO
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