Becoming a Company Secretary (CS) takes an extensive amount of hard work and dedication, similar to studying for challenging tests such as NEET. Many students choose to study CS alongside with a nce. Knowing this is important for both new professionals and companies to offer fair pay.
| Position | Expected Salary |
| Entry Level | ₹3 lakhs to ₹5 lakhs per annum (LPA) |
| Mid-Career | ₹5 lakhs to ₹8 lakhs per annum (LPA) |
| Senior Level | ₹11 lakhs to ₹25 lakhs per annum (LPA) |
Topics covered
Company Secretary Salary in India Based on City Location
Jobs in large towns, like Delhi and Mumbai, are usually more profitable compared to positions in law degree (LLB) or a B.Com because the subjects are related. Company secretaries (CS) ensure that firms comply the law. They resemble corporate lawyers. The company secretary salary in India is attractive and frequently equal to those of chartered accountants (CAs). Professionals working as company secretaries (CS) are in demand.
The CS program includes topics like corporate governance, taxes, and business law. It combines theory with practical use. To become a CS, you must finish nine to twelve tests separated into three stages: the CSEET, Executive Program, and Professional Program.
Also Read: Career as a Company Secretary
Company Secretary Salary in India Based on Job Position
The salary of Company Secretaries depends on their job position and experience. Salaries are generally lower in smaller tier-2 and tier-3 cities compared to major cities. This is mainly due to the number of larger companies and international businesses in these major cities that offer greater pay and benefits.
| Location | Expected Salary |
| Metro Cities | ₹420,000 to ₹500,000 per annum (LPA) |
| Tier 1 Cities | ₹384,000 to ₹400,000 per annum (LPA) |
| Tier 2 Cities | ₹324,000 to ₹400,000 per annum (LPA) |
Company Secretary Salary Around the World
Since ICSI has agreements with professional bodies in countries like the UK and Malaysia, Indian Company Secretaries (CS) can work abroad. These agreements help your CS qualifications get recognized there. Once accepted, you can work for companies or join multinational firms. You might need to meet some local requirements, but these agreements make it easier to find jobs abroad as a CS. In India, Company Secretaries (CS) are governed by the Institute of Company Secretaries of India (ICSI).
In the UK, CS are overseen by the Institute of Chartered Secretaries and Administrators (ICSA). If you want to work abroad, consider getting a local certification.
| Country | Expected Salary |
| India | ₹ 6,00,000 |
| Singapore | $ 200,000 |
| Australia | $ 150,000 |
| United States | $ 136,000 |
| United Kingdom | € 50,000 |
| Malaysia | RM 44,000 |
Company Secretary Salary in India – Allowances and Perks
Firms and companies pay differently and work in different ways. Big companies have clear roles and tasks, which helps with career growth but limits exploring new areas. Mid-sized firms are more flexible, allowing you to do different tasks and learn more. However, they can be a bit disorganized. Interning at a mid-sized firm is a good way to try various roles and find out what you like and what you’re good at. This experience helps you decide on your future career.
The perks and allowances for Company Secretaries are:
- Travel Allowance
- Housing Allowance
- Communication Allowance
- Education Allowance
- Health and Wellness Programs
- Performance Bonuses
- Flexible Working Arrangements
- Employee Stock Options
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Starting Your CS Practice in India
Starting a practice as a Company Secretary (CS) in India can be tough, especially when trying to find clients. It’s a good idea to get some financial support from home to help with expenses in the beginning. Working at a well-known firm that pays well can give you the experience and stability you need to eventually start your own practice.
The salary of a practicing Company Secretary (CS) can range from ₹3 lakhs to ₹25 lakhs or more, largely depending on their professional network and connections.
*The salary can change based on skills like job knowledge, communication skills, and internship experience.
Read this blog: Importance of CS Courses
Case Study: The Journey of N. Ravi
Dev Bajpai highlights the need to choose the “harder right” instead of the “easier wrong.” He believes it’s often easy to tell right from wrong. However, knowing how to do the right thing can be tough. His commitment to ethics encourages others. He inspires them to tackle hard decisions with bravery. He motivates them to always aim for excellence in what they do.
Conclusion
For those who prefer theoretical study, the disciplines’ focus on rules and regulations makes them appropriate. Because salaries might vary greatly, it’s a good idea to examine sites like Glassdoor.com. A Company Secretary (CS) in India follows rules from an Indian accounting group, so the laws mainly apply in India. Companies from other countries hire CS professionals for their legal work done here. The salary can change based on skills like job knowledge, communication, and internship experience.
Many students study CS with a Bachelor of Commerce (B.Com) because the subjects are similar. Others choose to study CS with a law degree, which is well respected. Talking to experienced people can help you decide if this career is right for you. Remember, salary shouldn’t be the only reason for your choice. Think about what you enjoy and your interests.
FAQ’s
Who is the richest CS in India?
The richest Company Secretary in India is Dev Bajpai, Executive Director of Hindustan Unilever Limited, with a reported annual compensation of ₹5.53 crore.
Can CS earn in crores?
Yes, Company Secretaries in big companies can earn in crores each year. They get high salaries, bonuses, and sometimes shares in the company, especially in top roles of MNCs.
What are the fees of the CS course?
The fees for a Company Secretary (CS) course in India range from ₹30,000 to ₹50,000 for all levels. Additional costs may include study materials, exams, and training fees.
Can I pass CS with self-study?
While you can pass the CS course by self-study, taking coaching classes is advisable. Coaching offers expert guidance and structured learning, making it easier to understand difficult topics.
Can a CS become a CEO?
Yes, a Company Secretary can become a CEO. They have strong knowledge of company laws and governance, which helps them manage businesses well. Many CEOs have a CS background.
Hi, I’m Kanika. I’ve always had a deep love for travel and storytelling, but for me, storytelling is not just about words – it’s also about visuals and creating experiences. As an aspiring designer, I find myself constantly exploring different creative paths, whether it’s filmmaking or design (I guess I just like keeping things exciting!). I also love to play the guitar.
