Tuesday, 16 October 2018

Company Secretary Salary Structure & Allowances In Nigeria 2018


In this post we are quickly going to reveal how much
Nigerian companies pay their company secretary and also the Allowance that these workers receive.

A secretary is usually a person who make use of his or her organization skills in a company or firm.
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A good secretary is expected to have a high sense of management,communication and organizational skills. 


Company Secretary Salary Structure & Allowances

Q: Company Secretary Salary Structure & Allowances?

Most often companies do not reveal the salary structure/ remuneration of their staffs,this however has lead to estimation of what companies in Nigeria pay a secretary.

An entry level company secretary will usually earn  lower,however the amount of money earned by a company secretary is expected to increase with promotion and more years of work experience.
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The current estimated salary earned by an entry level company secretary is between ₦ 20,000 - ₦ 35,000 per month (After Tax)* excluding allowances.

A Company secretary with more years of experience is estimated to earn the following salary:- 
  • ₦50,000 - ₦60,000 > 3 to 9 Years Experience 
  • ₦90,000 - ₦ 165,000 > 10 Years & Above


Note:

  • The information on this page is subject to change,figures stated here are only estimates and not 100% accurate.
  • A company secretary may also be referred to as a personal assistant in Nigeria.
  • An executive secretary should not be confused with a company secretary. The executive secretary is a high rank administrative position.
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  • The current minimum wage in Nigeria,applicable from 2011 is ₦18,000 per month,exclusive of all deductions,however there is a plan to increase the minimum wage paid to civil servants in Nigeria. 
  • Low paying companies sometimes bolster their pay with allowances.
  • The salary paid to interns and trainees are less than the amount paid to entry level workers.
  • Most multinational companies pay according to global standards and are among the highest paying companies in Nigeria.
  • Figures stated here represent net total amount with tax deductions.


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