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Should I retrain as company secretary or stay put?

10 replies

HotPenguin · 28/12/2019 09:53

I'm currently in a job that is interesting and reasonably well paid and which allows me to work very flexibly and part time. However I have a very long commute and no prospect of being able to do the same thing in a better location; I can't progress any further without giving up some of my flexible working; and if my manager left, a new manager might not accept my work pattern (which is unusual within the organisation).

I have a child with ASD who cannot cope in childcare, and the length of my commute means I can't drop off or pick up on my working days. I rely on my mum for help and as she gets older obviously she may not be able to continue. A nanny would be the obvious solution but the cost of a nanny plus my commute would wipe out most if not all my income.

So I feel like I need a plan for the future. I am thinking of retraining as a company secretary, as this would use some of my existing skills and I could potentially work freelance or part-time while earning good money.

My fear is that I could invest a lot of money and time in studies but then be unable to get a suitable role that fits in with childcare etc, I also live in a fairly rural area so there aren't going to be lots of jobs on my doorstep.

I wonder whether I should lower my sights and get a job as a teaching assistant or retrain as something I consider a bit boring eg book keeping as these sorts of jobs are plentiful in my local area.

At the moment I am just hanging on in current job, which is great for now, but probably isn't going to be sustainable long term.

DH works full-time in an industry where there is little flexible or part time working. He finishes early one day a week in order to do drop off and pick up but for greater flexibility he would probably also need to change career.

Grateful for any and all advice!

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Hoghgyni · 28/12/2019 10:15

How much demand is there for company secretarial work in your area? How would you find freelance work? Most small businesses don't bother or just get their accountants to use pro forma minutes since the rules were relaxed.

HotPenguin · 28/12/2019 10:21

@Hoghgyni there is some demand, there are three jobs being advertised right now. But clearly nowhere near the number and range of jobs that are in say London.

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HotPenguin · 28/12/2019 10:25

My plan would be to start as an employee to get experience and go from there. I don't know whether it is realistic to think that I could find freelance work and not sure how to research this.

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Hoghgyni · 28/12/2019 12:47

I would try to network with some local firms of lawyers & accountants to weigh up if they have any routine demand or projects.

HotPenguin · 28/12/2019 14:22

Thanks that's a good idea.

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DareDevil223 · 28/12/2019 14:29

I'm a qualified company secretary (ICSA)and although I now work in HE management, my governance experience is incredibly useful, it is a really transferable skill and you would be able to wok in both the public and private sector.

I have always been employed rather than freelance but I do see quite a lot of fixed term contracts advertised.

It's also usually an interesting, important and useful job.

HotPenguin · 28/12/2019 16:09

Thanks @DareDevil223 do you work in London or a big city? Do you think there are still the opportunities in smaller places?

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DareDevil223 · 28/12/2019 16:50

@HotPenguin I live in Gloucestershire and have worked in the county and in nearby bigger cities like Bristol and Birmingham. Obviously there are more opportunities in London but I have never been short of work and I make a good living.

BingoLittlesUncle · 28/12/2019 17:52

I would. I have come across a number of people who did this and only one was a company secretary at the end of it. The others all used it as a way of getting: (i) a professional qualification and (ii) a good general business education without the time and trouble of an MBA or the tedium of accountancy.

HotPenguin · 28/12/2019 22:01

Thanks @DareDevil223 that makes me hopeful.

@BingoLittlesUncle thanks that's interesting to know.

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