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Company secretary: Salary and conditions

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  • Starting salaries for trainees are generally around £30,000.
  • Assistant company secretaries can earn around £40,000 to £70,000, rising to £54,000 to £102,000 for deputy company secretaries.
  • At the top end of the salary scale, company secretaries working for FTSE companies can earn significant six-figure salaries, with five figure bonuses.
  • Salaries vary depending on the sector, location and the size and type of an organisation.
  • The work is mainly office based. Company secretaries generally work normal office hours, although it may be necessary to work longer hours to accommodate lengthy meetings and to complete reports, such as the company Annual Report, for regulatory deadlines.
  • Formal business wear is generally expected.
  • There are many opportunities for experienced company secretaries to be self-employed or to work freelance. Chartered accountants and solicitors in sole private practice often take on a company secretary role for small local businesses. Chartered secretaries - those qualified via ICSA (Institute of Chartered Secretaries and Administrators) - may also work as sole traders, in partnerships or companies, offering company secretarial services, or in professional practices, offering similar services as part of a larger organisation.
  • Jobs are widely available. Opportunities exist in most major towns and cities, although positions with blue chip companies are mainly at head offices in London and larger cities.
  • Part-time work is available.
  • Travel during the working day and absence from home overnight may be required, particularly with larger companies that have subsidiaries or multiple sites.
  • Overseas work or travel is uncommon, unless working for an international company.

Salary data from ICSA. Figures are intended as a guide only.

 
 
AGCAS
Written by AGCAS editors
Date: 
July 2015
 

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