We are required to publish the number of individuals earning above £100,000. At Ravensfield Primary School no individual earns over this amount.
School Financial Benchmarking
Ravensfield Primary School recognises the benefits in using benchmarking information to learn from others in implementing changes to spending patterns to help deliver educational priorities.
As part of the annual budget setting exercise, the School reviews benchmarking data. The extent and depth of review depends on what the data reveals compared to previous reviews and the School’s current circumstances. The more significant areas of spend, i.e. staffing costs, are reviewed more frequently than others. In order to obtain comparative data, the School uses a number of sources, including:
- The government financial benchmarking site - https://schools-financial-benchmarking.service.gov.uk/
- The Arbor annual benchmarking report
The information is used to determine how the School compares with other similar establishments and forms the basis against which the setting of the current budget is challenged.