Salary Structure of Company Secretary for Freshers and Experienced
Rahul Jaiswal1 Apr, 2025
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The company secretary (CS) role is prestigious. A company secretary handles administrative, legal, compliance, and other responsibilities. The increasing demand for CS professionals due to their special nature of jobs makes the salary structure of company secretaries more competitive.
It is important to note that individual performance, continuous learning, and staying updated with business scenarios influence the earning potential of CS professionals. For candidates willing to pursue a career as a company secretary, this article provides details of the salary structure of company secretary for both freshers and experienced, along with their influencing factors.Company Secretary Salary Structure Freshers and Experienced
Company secretaries earn remuneration that is frequently aligned with their experience level in the business sector. A company secretary usually earns more as their experience increases. Company secretaries may receive several non-cash benefits in addition to their pay, such as insurance, paid time off, and credit for housing and travel. In the following section, we have compiled the data on the structure of company secretary salaries based on different factors such as skillset, experience, location, etc.Recommended Books: Books for CS Exams Preparation
Factors Influencing Company Secretary Salaries
Many factors can influence the company secretary's salary in India , including experience, qualifications, location, company status, scope of work, etc. In the table given below, factors affecting CS salaries are listed for reference.
| Factors Influencing Company Secretary Salaries | ||
| Sr No. | Factors Affecting CS Salary | Details |
| 1. | Experience | Experienced CS professionals earn higher salaries because of their expertise and performance record. |
| 2. | Educational Qualifications | Educational qualifications influence the contributions of a company secretary within an organization. |
| 3. | Company Size and Industry | Companies in high-demand sectors and larger enterprises often offer more competitive salaries. |
| 4. | Geographic Location | The location affects company secretaries’ salaries due to varying living costs and the regional demand in the market. |
| 5. | Skills and Expertise | Higher compensation based on Specialized skills and expertise |
| 6. | Responsibilities and Scope of Work | The roles and responsibilities of a company secretary influence the salary levels. |
| 7. | Market Demand | Salaries are influenced by the availability of qualified professionals and the market demand for professionals |
| 8. | Financial Conditions | Financial conditions of the company can affect salaries |
| 9. | Performance and Contribution | Outstanding performance and significant contributions lead to recognition and rewards |
| 10. | Additional Benefits | Bonuses, incentives, health insurance, and retirement plans may vary, affecting the overall salary package. |
Company Secretary Salaries in India Based on Levels
In India, the Salary Structure of Company Secretary typically vary depending on the level or position. This implies that the pay depends on the seniority and degree of responsibility the CS holds. We'll look at the compensation structure of the company secretaries based on their levels.
| Company Secretary Salaries in India Based on Levels | |
| Level | Average Salary Per Annum |
| Junior Company Secretary | ₹2,60,000 |
| Deputy Company Secretary | ₹6,00,000 |
| Senior Company Secretary | Up to ₹14,60,000 |
Company Secretary Salaries in India Based on Experience
The years of experience in the field are a major contributing factor to the varying range of the Salary Structure of Company Secretary in India. The table below indicates how experience is a key factor in determining a company secretary's earning potential in India.
| Company Secretary Salaries in India Based on Experience | |
| Experience | Average Salary Per Annum |
| Less than 1 year | ₹2.5 Lakhs |
| 2 – 3 years | ₹4.7 Lakhs |
| 5 – 6 years | ₹6.6 Lakhs |
| 7- 8 years | ₹8.4 Lakhs |
| 10 – 11 years | ₹10.3 Lakhs |
| 12 – 13 years | ₹11.2 Lakhs |
Company Secretary Salaries in India Based on Location
The remuneration for company secretaries varies from one location to another within India. Companies in large cities frequently pay more to compensate for the higher cost of living. The table below shows the average salary packages for freshers and experienced company secretaries in some major cities in India.
| Company Secretary Salaries in India Based on Location | |
| Location (India) | Average Annual Salary (INR) |
| Mumbai | ₹9,00,000 – ₹14,00,000 |
| New Delhi | ₹3,00,000 – ₹9,00,000 |
| Chennai | ₹3,50,000 – ₹12,00,000 |
| Bangalore | ₹2,00,000 – ₹12,00,000 |
| Hyderabad | ₹400,000 – ₹12,00,000 |
Company Secretary Salaries Based on Country
Company secretary salaries differ significantly between countries due to local trends, living expenses, market demand, and economic situations. The table below gives a general overview of these pay levels compared to CS compensation packages in India.
| Company Secretary Salaries Based on Country | |
| Country | Average Annual Salary |
| India | ₹6,00,000 |
| United States | $100,000 |
| United Kingdom | £50,000 |
| Australia | AUD$90,000 |
| Canada | CAD$80,000 |
| Singapore | S$100,000 |
| United Arab Emirates | AED100,000 |
Company Secretary Salaries in India: Allowances and Perks
Company secretaries are given different types of allowances and perks as part of the pay packages. This may vary company-wise, but in general, the allowances received by the company secretaries include the following:Bonuses and Incentives: As per their seniority and level of performance, company secretaries may be eligible for rewards and incentives.
Health Insurance: Many companies pay for company secretaries and their family's medical expenditures.
Retirement Plans: With payments from both the employer and the employee, these plans enable company secretaries to save for the future after retirement.
Transportation Allowance: This allowance paid to company secretaries is for daily commuting expenses.
Professional Development: To improve the abilities and expertise of company secretaries, organizations often provide facilities for professional development, such as conferences, workshops, and training.
Assistance with Relocation: Company Secretaries may be eligible for financial aid while being transferred to a different location.
The salary structure of a company secretary in India is influenced by various factors such as experience, qualifications, location, and industry. With increasing corporate compliance and governance requirements, the demand for CS professionals is expected to grow, leading to competitive remuneration packages.
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Salary Structure of CS FAQs
What is the average salary of a fresher company secretary in India?
Why do the salaries of company secretaries vary from one city to another?
Who can earn more, a Chartered Accountant (CA) or a Company Secretary (CS)?
Generally, a chartered accountant earns more than a company secretary in India.
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