Assistant Corporate Secretary Salary
Earnings for Assistant Corporate Secretaries in the United States come in at around $73K per year on average. Career duration and the particular city each impact pay for this group, with the former having the largest influence. It's heartening to note that most people in this field love their work, finding it both fun and rewarding. In this profession, a fair number enjoy medical and dental coverage, and a strong majority have vision insurance, as well. Among survey respondents, women are more common than men; 88 percent of Assistant Corporate Secretaries are female. This overview is based on answers to PayScale's salary questionnaire.
Job Description for Assistant Corporate Secretary
A corporate secretary is a person who works alongside a corporate board of directors without actually being part of the board. The assistant corporate secretary assists this person and helps them with their multitude of duties. Generally, the assistant corporate secretary takes the minutes at all board and upper executive meetings; beyond that, however, the corporate secretary has numerous duties which involve translating board decisions into management actions, and the assistant works alongside to help.Read More...
The assistant corporate secretary will help carry out the duties of the corporate secretary, which not only include taking minutes of meetings and distributing copies, but also assisting with the preparation of key meetings with shareholders. These assistants may also help prepare proxy statements for shareholders and/or prospective shareholders.
The assistant also works alongside the corporate secretary to help set up and execute both internal and external audits within the company. The corporate secretary helps ensure that company business, such as stock or bond transactions, follows all required legal parameters, and the assistant will likely generate records and reports of this work.
Finally, the corporate secretary acts as something of a company-wide governance traffic cop, and the assistant works with the secretary to help ensure that board directives are assigned to the proper managers and departments within the company. He/she also works with these supervisors to gather any necessary progress or completion reports to present to the board.
An assistant corporate secretary must possess excellent communication skills and be fluent with Microsoft Office software. He/she must also be discreet, as the assistant will frequently sit in on sensitive upper-lever management meetings with the board. Many corporations prefer their assistant corporate secretaries to have some level of secondary education, and some prefer candidates with college degrees in Communications or a business-related discipline. Assistant corporate secretaries work in executive office environments during regular weekly business hours.
Assistant Corporate Secretary Tasks
- Schedule appointments, answer phones, make photocopies, draft and type office memos.
- Review legal publications and perform database searches to identify laws and court decisions relevant to pending cases.
- Prepare legal documents, including briefs, pleadings, appeals, wills, contracts and real estate closing statements.
- Prepare and process legal documents and papers; summonses, subpoenas, complaints, appeals, motions and pretrial agreements.
- Prepare affidavits or other documents, maintain document file and file pleadings with court clerk.
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Pay by Experience Level for Assistant Corporate Secretary
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Salaries for inexperienced workers average out to $47K, and those with five to 10 years' experience earn a higher median of $32K. Experienced professionals — those with 10 to 20 years in the field — see salaries in the six-figure territory, securing around $106K on average. Assistant Corporate Secretaries who have racked up more than two decades of experience report lower incomes overall; the average sum for this crowd comes out to only $70K.