Salaries after CS Course, Salary for CS Professionals, Jobs for CS in India, Salary Package for CS, Average Pay Package for CS, etc has been mentioned in this article.
COMPANY SECRETARY (CS) PROFESSION
The Company Secretary (CS) Profession is one of the respected profession in the society. These professionals have to work with great responsibilities and must ensure the proper working of company according to the rules and regulations. They have to work together with board of directors and government officials, company officials, etc.
The people who have successfully completed the Company Secretary Course can get into a bright career. At present, this job attracts many youngsters because of high demand of CS Professionals in the Job market. There are many job opportunities for them all over the country. With such kind of qualification in hand, It becomes very much easier to find jobs in the major cities of India.
THE FINANCIAL EXPRESS NEWS
Company Secretaries Pocket Average Annual Pay of Rs. 50 Lakh : Report
The average annual compensation of Company Secretaries at the top 500 firms listed on the BSE stood at Rs. 50 Lakh even though many of them got less than Rs. 25 lakh, says a report.
The average annual compensation of Company Secretaries at the top 500 firms listed on the BSE stood at Rs. 50 Lakh even though many of them got less than Rs. 25 Lakh, says a report. The findings are based on an analysis of the secretarial audit reports of S&P BSE 500 companies by CimplyFive Corporate Secretarial Services — which provides research and technology based solutions for compliance with the Companies Act, 2013.
“The average annual compensation of Rs. 50 Lakh reflects the increasing importance for compliance among S&P BSE 500 companies. However, this importance accorded is not uniform across all the companies analyzed as reflected in 155 (31 per cent) companies where the CS gets less than Rs. 25 Lakh and another 142 (28 per cent) companies where they earn less than Rs. 50 lakh,” the report said.
Under the Companies Act, 2013, company secretaries have an important role and are recognized as Key Managerial Personnel (KMP). Besides, listing agreement with stock exchanges requires the CS to be designated as the Chief Compliance Officer of listed companies.
“The role of Company Secretary was in many cases combined with the role of general counsel and legal affairs as reflected in 67 (13 per cent) of the designations. In 54 (11 per cent) of cases, the stipulated role of chief compliance officer was reflected in their designations,” the report said.
SOURCE : The Financial Express
About Resonance CLPD
Resonance is India’s leading coaching Institute which offers Classroom Coaching Programs for preparation of CA, CS & Various Law Entrance Exams (CLAT, AILET, L-SAT, etc). Since 2012, Resonance CLPD has produced All India Ranks in many Professional Exams which includes All India Ranks in CS Foundation consecutively from Last 5 attempts, All India Rank in CA IPCC, CS Professional and CLAT.
ADMISSIONS OPEN…Contact : 0744-3192229
To Visit Our Website : CLICK HERE
Thank you for reading this article. If you have any doubt, you can ask your query in the comment box given below.