A company secretary, ideally, can be described as someone who along with other directors of the company is entrusted with some responsibilities under the Company Act. He is the chief administrative officer, who shares key responsibilities like filing annual returns, keeping the company’s legal documents secure, relating any changes in the company’s share capital to the Companies House etc. The salaries earned by these officials are listed below:
Company Secretary Salary: Based on Experience
The salary ranges head consistently northwards with the employee’s growing work experience. Substantial hikes are experienced at key junctures of career. Please have a look:
| Experience | Annual Average Salaries |
|---|---|
| Less than a year | INR 119,195 – INR 805,366 |
| 1-4 years | INR 232,260 – Rs 770,450 |
| 5-9 years | INR 302,012 – Rs 1,468,135 |
| 10-19 years | INR 380,000 – INR 2,440,000 |
| 20 years or more | INR 1,768,743 – INRÂ 1,924,279 |
Company Secretary Salary: Based on Cities
The salary structure is duly designed in accordance with the cost of living of the different cities in which the employees reside. Here is a look:
| Cities | Annual Average Salaries |
|---|---|
| Mumbai, Maharashtra | INR 982,635 – INR 1,960,934 |
| New Delhi, Delhi | INR 293,614 – INR 822,120 |
| Pune, Maharashtra | INR 304,350 – INR 1,035,000 |
| Bangalore, Karnataka | INR 178,793 – INR 1,208,048 |
| Hyderabad, Andhra Pradesh | INR 400,000 – INR 1,280,000 |
Company Secretary Salary: Based Degree or Certification
The academic qualifications attained by the employees play a major role in the determination of their salaries. Here is a more detailed list of the same:
| Certification or Degree | Annual Average Salaries |
|---|---|
| Bachelor of Commerce or B.Com | INR 344,348 – INR 670,000 |
| Bachelor's Degree | INR 183,831 – INR 1,174,457 |
Company Secretary Salary: Based on Gender
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The average gender based salaries of company secretaries stand something like this:
| Gender | Annual Average Salaries |
|---|---|
| Female | INR 121,641 – INR 1,157,713 |
| Male | INR 273,019 – INR 1,787,928 |
Company Secretary Salary: Perks & Benefits
Company secretaries are entrusted with a major share of key responsibilities required to ensure the smooth running of an organization. The bouquet of perks and benefits that these individuals are entitled to, besides their average salaries are a direct pointer to the fact that their efforts are duly recognized and appreciated:
- Private Medical Insurance
- Paid Sick Leave
- Stock Options
- Life Insurance/ Disability
- Company Pension Plan
Top Company Secretaries in India
Vijay Kumar Sharma
Practicing Company Secretary
VS Associates
J K Gupta
J K Gupta & Associates
Practicing Company Secretary
Rashida Adenwala
Co Founder
RA Associates, Chennai
Samarish Bhanja
B.Samarish & Co
Atul Kr Labh
A.K.Labh & Co
Avani Mishra
All India Topper
Company Secretary
Dr. K S Ravichandran
KSR & Co.
Coimbatore
Anil Upadhyay
VP Legal and Company Secretary
Johnson & Johnson Ltd
Rupesh Jhanji
Company Secretary
Samsung Heavy Industries Ltd
Uma Shankar Sharma
Shankar Associates
Practicing Company Secretary
Suresh Swaminathan
Company Secretary & Sr Manager-Compliance
Cheran Group of Companies
More about Perks and Benefits
Bonus based on Experience
| Bonus | Experience |
|---|---|
| Less than a year | INR 20,000 |
| 1-4 years | INR 35,000 |
| 5-9 years | INR 45,000 |
| 10- 19 years | INR 101,736 |
Bonus Based on City
| Bonus | Experience |
|---|---|
| Hyderabad, Andhra Pradesh | INR 50,868 |
| Pune, Maharashtra | INR 45,000 |
| Mumbai, Maharashtra | INR 325,000 |
| New Delhi, Delhi | INR 17,500 |
Vacation Weeks based on Experience:
| Bonus | Experience |
|---|---|
| Hyderabad, Andhra Pradesh | INR 50,868 |
| Pune, Maharashtra | INR 45,000 |
| Mumbai, Maharashtra | INR 325,000 |
| New Delhi, Delhi | INR 17,500 |
*Salaries are subject to change with time..
