School Financial Benchmarking

What is School Financial Benchmarking?

 The schools financial benchmarking service provided by the Department for Education (DfE) allows you to identify other schools that are similar to a school and compare the:

• Spending
• Performance
• Staffing structures

You can also find contact details for these schools. 

The tool enables you to select multiple schools or trusts and add them to a “benchmark basket”. Clicking “View benchmark charts” allows you to view comparisons of the schools you have selected across 4 main areas. 

Within these areas there are charts covering more specific aspects. For example, for expenditure you can see charts focusing on expenditure in areas such as:

• Staff
• Premises
• Supplies and services 

Benefits of Benchmarking

 Planning

There are 4 main cost areas for school budgets:

• Teachers
• Other staff
• Supplies and services
• Buildings and land

Benchmarking can help schools:

• Look at spending in these areas overall, as well as sub-categories of spending
• Compare their spending with other similar schools
• Inform the school development process

Making changes

Benchmarking helps schools to connect with other schools to discuss challenges and successes.

This can help schools to consider whether:

• The resource allocations are working 
• Outcomes can be improved by making changes

To access Alfred Salter Primary's Financial Benchmarking Report click here

Number of employees at Alfred Salter Primary School earning a gross annual salary of £100,000 or more in increments of £10,000: 1