School Financial Benchmarking

What is the Schools Financial Benchmarking Tool?

The Schools Financial Benchmarking Tool helps schools compare their finances with similar schools and make comparisons between income, balances and workforce structures.

Why benchmark?

Benchmarking helps schools to:

• make better-informed decisions and triggers further discussion
• facilitate peer learning and exchange of ideas between schools and academies
• compare spending with other similar schools or academy trusts
• consider how to use resources to support high-quality teaching and education outcomes for pupils
• consider whether resource allocations are working or whether outcomes could be improved by doing things differently

Here you can view Oakley School's financial data and see how it compares with other schools:

• Oakley School Financial Benchmarking and Insights

Maintained schools are now required to publish salary information on any employee earning over £100,000 per annum.

All staff employed directly by the school are paid in accordance with the School Teachers Pay & Conditions Document (STPD) or Kent Scheme Terms & Conditions (support staff).

All salary levels are determined and reviewed annually by the Pay Committee of the Board of Governors in the autumn term.