Company Secretary is one of the occupations with flattering salaries and a wide range of opportunities. As a Company Secretary, they can receive a salary more than expected. All the company’s legal work, along with statutory compliances, is handled by the Company Secretary (CS). The CS Salary in India is determined based on the skills of individuals, knowledge, and experience. The CS Salary in India per month includes Bonus, profit sharing, allowances, and other benefits/incentives as per skills, qualifications, and companies. Company secretaries generally also receive several non-monetary benefits, including holidays with pay, insurance, access to credit for housing and transport, and sick leave. Read this page to learn more about CS Average Salary in India and others.
CS Salary in India: Salary Structure
Company secretaries generally earn an amount proportional to their experience level in the field. The salary structure of the Company Secretary is provided below. Scroll down to check out the Average Salary of CS in India.
| Job Title | Starting Salary per annum (in INR) | Mid Level Salary per annum (in INR) | Senior Level Salary per annum (In INR) |
|---|---|---|---|
| Company Secretary | Rs. 3,00,000 | Rs. 6,00,000 | Rs. 9,00,000 – 12,00,000 |
| Legal Advisor | Rs. 3,00,000 | Rs. 4,00,000 – 5,00,000 | Rs. 10,00,000 |
| Principal Secretary | Rs. 3,00,000 | Rs. 6,00,000 | Rs. 9,00,000 – 12,00,000 |
CS Monthly Salary in India
Those who are looking for CS maximum salary in India and others can check the table given below for required details.
| Particulars | Salary Package |
|---|---|
| Salary | Rs 247,142 – Rs 1,374,138 |
| Bonus | Rs 10,022 – Rs 390,555 |
| Profit-Sharing | Rs 12,671 – Rs 690,428 |
| Total Pay | Rs 248,933 – Rs 1,442,945 |
CS Salary in India: Based on Experience
The salary of the Company secretary in India varies as the experience increases. Check out the CS Salary in India based on an experience level from the table below:
| Experience | Annual Average CS Salary in India |
|---|---|
| Less than a year | Rs.119,195 – Rs. 805,366 |
| 1 – 4 years | Rs. 232,260 – Rs. 770,450 |
| 5 – 9 years | Rs. 302,012 – Rs. 1,468,135 |
| 10 -19 years | Rs. 380,000 – Rs. 2,440,000 |
| 20 years or more (highest salary of CS in india) | Rs. 1,768,743 – Rs. 1,924,279 |
Salary of CS Fresher in India
The CS Starting Salary in India can be anywhere between Rs. 28,000 and Rs. 40,000. Here, too, there is a lot of room for increments as experience and a prominent employer can increase the salary of a company secretary to Rs. 100,000 per month.
CS Salary Based on Cities
Candidates can go through the CS salary based on cities which are given in tabular form.
| City | Annual Average Company Secretary Salary |
|---|---|
| Mumbai, Maharashtra | Rs. 982,635 – Rs. 1,960,934 |
| New Delhi, Delhi | Rs. 293,614 – Rs. 822,120 |
| Pune, Maharashtra | Rs. 304,350 – Rs. 1,035,000 |
| Bangalore, Karnataka | Rs. 178,793 – Rs. 1,208,048 |
| Hyderabad, Andhra Pradesh | Rs. 400,000 – Rs. 1,280,000 |
CS Salary in India: Perks And Benefits
Company secretaries are entrusted to ensure the smooth running of an organization. Aside from the basic salary scale, Company Secretary employees are entitled to perks and rewards in exchange for their contributions, which would be properly remembered and respected. The perks are:
- Private Medical Insurance
- Paid Sick Leave
- Stock Options
- Life Insurance/ Disability
- Company Pension Plan
- Bonus
CS Salary in India: Skills And Qualities
There are certain skills and qualities which the candidates should have to become a perfect Company Secretary. The following are the skills and qualities:
- Communication skills
- Judgment skills
- Research skills
- Commercial awareness
- Strong administrative skills
- Analytical skills
- Perseverance
- Creativity
CS Salary in India: FAQs
The annual starting salary of a Company Secretary in India is Rs. 3,00,000/-.
The annual average salary for the employees belonging to Pune, Maharashtra ranges between Rs. 304,350 – Rs. 1,035,000/-.
Paid sick leave, stock options, company pension plan, etc are perks and benefits provided to the Company Secretary in India.
The starting salary of a Company Secretary fresher in India will be around Rs.28,000 – Rs.40,000/-.
Communication skills, judgment skills, research skills, analytical skills, etc are the skills required to become a Company Secretary.