School Financial Benchmarking

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

• Spending

• Performance

• Staffing structures

You can also find contact details for these schools. 

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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. 

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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:

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• Staff

• Premises

• Supplies and services

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Planning

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There are 4 main cost areas for school budgets:

• Teachers

• Other staff

• Supplies and services

• Buildings and land

 

Benchmarking can help you:

• Look at spending in these areas overall, as well as sub-categories of spending

• Compare your school's spending with other similar schools

• Inform your school development process

 

Making changes

 

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

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This can help you to consider whether:

• Your resource allocations are working 

• You can improve outcomes by making changes

 

Benchmarking is in itself a comparative exercise, and the benefit comes from what you do as a result of what you learn from the benchmarking.

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Benchmarking is only a guide. You should think about other things you know about your school when assessing the data.

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You can share more data through joining a benchmarking group through your local authority or school business managers’ network

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To login to Wildridings Primary School's financial benchmarking report, click HERE

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There are 0 individuals at Wildridings Primary School earning a gross annual salary of £100,000 or more in increments of £10,000.