Pros
Minimal red tape in performing duties (unlike many peers, APA has yet to be paralysed by overblown HR and IT policies); employees afforded a high degree of empowerment for the job level, excellent team rapport, potential for rapid promotion. Proportion of benefit package tied to bonus is much larger than majority of peers - potential for 100% payout in a really good year.
Cons
APA has seen tremendous share growth in recent years, but has been relatively flat for the last few, and potentially attractive bonus features (TSR, RSU's) are likely to generate little value in the short to medium term. Length of service and nationality count more than experience. Non-US staff treated as second class citizens with different opportunity set, salary scales and benefit packages. HR staff poorly trained and lack maturity and experience to appropriately manage people moves. Steve Farris coming to end of career and a radical change in management style will liekly occur when he goes.