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The differences between corporate secretaries and treasurers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a corporate secretary, becoming a treasurer takes usually requires 6-8 years. Additionally, a corporate secretary has an average salary of $88,550, which is higher than the $80,467 average annual salary of a treasurer.
The top three skills for a corporate secretary include corporate governance, proxy and meeting minutes. The most important skills for a treasurer are payroll, fraternity, and bank accounts.
| Corporate Secretary | Treasurer | |
| Yearly salary | $88,550 | $80,467 |
| Hourly rate | $42.57 | $38.69 |
| Growth rate | -8% | 17% |
| Number of jobs | 16,480 | 18,358 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 53% | Bachelor's Degree, 74% |
| Average age | 50 | 46 |
| Years of experience | 2 | 8 |
A Corporate Secretary works in promoting corporate governance and regulatory compliance. They make certain that the board of directors is equipped with the necessary tools and information in fulfilling their shareholder obligations. They ensure the integrity of an enterprise's governance framework. It is their responsibility to ensure the efficiency of business administration in compliance with regulatory and statutory requirements. Corporate Secretaries also implement the decisions of the board.
The treasurer's general duty is to oversee the financial reports and monitor the expenses of the organization. A treasurer is required to demonstrate strong analytical and critical-thinking skills for financial decision-making. The treasurer is also required to keep documentation and deliver regular financial reports to the management. Treasurers are also responsible to study the current status of the organization to be able to provide suggestions on effectively managing expenses. They also need to be familiarized with the regulatory policies and ensure that the use of funds is compliant with the law.
Corporate secretaries and treasurers have different pay scales, as shown below.
| Corporate Secretary | Treasurer | |
| Average salary | $88,550 | $80,467 |
| Salary range | Between $59,000 And $132,000 | Between $37,000 And $173,000 |
| Highest paying City | - | Cambridge, MA |
| Highest paying state | - | Maine |
| Best paying company | - | Partners Group LTD |
| Best paying industry | - | Manufacturing |
There are a few differences between a corporate secretary and a treasurer in terms of educational background:
| Corporate Secretary | Treasurer | |
| Most common degree | Bachelor's Degree, 53% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between corporate secretaries' and treasurers' demographics:
| Corporate Secretary | Treasurer | |
| Average age | 50 | 46 |
| Gender ratio | Male, 24.5% Female, 75.5% | Male, 48.0% Female, 52.0% |
| Race ratio | Black or African American, 9.1% Unknown, 3.9% Hispanic or Latino, 15.9% Asian, 3.8% White, 66.6% American Indian and Alaska Native, 0.7% | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 6% | 11% |