In the wake of the economic slowdown, a fresh Company Secretary’s annual salary is Rs 3 lakh-Rs 4 lakh on an average, as compared to Rs 5 lakh-Rs 6 lakh till about two years ago during campus placements. Company secretaries with 4-5 years of experience make Rs 25 lakh to Rs 1 crore a year in large corporate houses and multi-national companies, as per ICSI figures. Compensation, of course, depends on an individual’s performance and varies from one sector to another.
Important Facts about the career of a Company Secretary
- Opportunity to work with the company’s top management
- Exposure to various external agencies and regulators
- You get a broader view of taxation, finance and general management
- Not many people aware of a CS's role, unlike a doctor or teacher's profile