A company secretary acts as a channel between the Board of Directors and the company. As a result, he has crucial responsibilities. Communicating with stakeholders is also a major part of their role. The Company secretary holds a valuable position in an organization. However, some also choose to work independently and self-practice. A company secretary takes care of all the policies and practices in an organization in order to ensure the organization’s legal and financial acceptance. He has to be an expert in corporate laws and governance. In this article, we shall be covering the benefits of being a CS.
1.High Professional Profile
A Company secretary holds a very esteemed and respectable position in a company. Even the board of directors is required to follow the advice of CS and take his opinion on matters before taking any big corporate decisions. CS needs to draft all the resolutions even for acquiring funds or selling shares. No other employee in a corporate world has power and voice like a CS. This makes a CS different from the rest of the team and easily gets categorized under a high professional profile.
2. Less Stress
CS indeed has to abide by all the deadlines relating to company filings in the Ministry of Corporate Affairs (MCA) portal. Apart from that, there is no stress related to reports, targets, and so on. This gives the CS ample time to keep updated on his professional circulars and important amendments that aid in career excellence. There is a good work-life balance for a company secretary as compared to other professionals.
3. No Age Restriction
This course can be pursued by any candidate, provided he/she has completed +2 exams. There is no specific age limit for this course, unlike the bank exams. Hence this profession gives opportunities to people falling under different age groups.
4. Lesser Paperwork
There has been a misconception regarding this profession that a CS job will be in and around a huge heap of papers similar to Advocates. However, that’s not the case. Nowadays due to technology enhancement, all the documents are in electronic mode and signatures and forms are digital. Hence there is less paperwork involved in the job routine of a CS.
5. One among the top management
As detailed earlier, a CS is one point contact of all top personnel in a corporate. He /she is always approached for advice and involved in all important meetings of the corporate. CS is one such position that is counted in top management. This gives the professional higher job satisfaction and acceptance which is very unique to this profession.
6. High Package
This profession offers lucrative packages ranging from 8 -12 lakhs per annum for beginners and a much higher range for experienced CS. In addition to this mind-blowing package, this profession provides value, respect, power, and acceptance to an individual in society as well as in the corporate he/ she works in.
CS is highly independent both in the corporate world as well in his professional practice. There is less involvement of any external team members. Hence, CS has the power to make decisions and inform the management. Unlike other employees in various departments, CS is free from the follow-ups on approvals, waiting time for permissions, and can act without any fear.
CS course is one of the excellent courses to pursue. Any candidate who likes to work independently and has the confidence to crack the CS exams can join this course which he/she will never regret later.