Company Secretary Salary, Job Profile, and Career: Company Secretaries are appointed to ensure that the company complies with all legal codes, performing duties often attributed to legal advisors.
The job entails a wide variety of duties that may vary depending on who a company secretary ends up working for. Company secretaries must be able to communicate effectively with people from all other departments of a particular company to ensure that the company practices are both legally and financially acceptable.
There is a lot of demand for CS degree in the market. If you are aiming towards becoming a Company Secretary, then it is important to know about the salary, job profile and also career of CS. So we have provided in detail about these below. Go through the blog to know more.
Company Secretary Salary
Company secretaries generally earn an amount that is proportional to their level of experience in the field. In India, the monthly starting salary can be anywhere between Rs. 28,000 and Rs. 40,000. There is a lot of opportunities for increments as experience and a renowned employer can boost the salary of a company secretary to Rs. 100,000 per month.
Company secretaries generally also receive several non-monetary benefits including holidays with pay, insurance, and access to credit for housing and transport as well as sick leaves.
In the UK, the average starting salary generally ranges between £29,000 and £33,000. Experienced company secretaries can earn anywhere up to £200,000 per annum if they work for larger public limited companies.
Company Secretary Job Profile
Most of the Company secretaries work for individual corporations. Their main purpose is to specialize in that particular company’s departments and make sure they are working in accordance with the laws of the land.
Generally, the work of a CS involves organizing large amounts of data collected from various departments of the company. They must also take responsibility for overseeing various issues of the daily operations of a company, which includes the safety of employees, their insurance coverage, corporate social responsibility programs, accounting and tax-related matters and much more.
Company secretaries generally do not work overtime as in most cases, their daily tasks can be completed within the timeframe. This is because they work on long term goals, rather than meeting goals instantly.
Company Secretary – Career
In today’s world, there are lots of opportunities for a Company Secretary in public and private domain. You may start off with the position of a junior secretarial officer, but if you perform well, then you can aspire to become the managing director or even a part of the board of directors of a company. You could also serve as the financial advisor to a big company.
Well, if you are willing to take up CS as a career, then plan well and prepare well accordingly. For all stages of CS exams, score more with Company Secretary Study Materials.