Financial Information is one of the easiest requirements for a school to comply with. However, so many schools fail to add it to their website. This requirement is fairly new being released in November 2020. There are two parts to the Financial Information section of the Compliance guide; 21.1 - How many school employees (if any) have a gross annual salary of £100,000 or more in increments of £10,000 (use a table to display this) and 21.2 - a link to the webpage which is dedicated to your school on the Schools financial benchmarking service – follow the prompts to find your school’s specific page.
How do I display my Financial Information?
It is recommended that you use a table to display how many school employees (if any) have a gross annual salary of £100,000 or more in increments of £10,000. Below is an example of what it could look like. You could even go above and beyond by detailing out what your table shows
|Annual Salary||Number of Staff|
If your school has no one earning over £100,000 you would fill in the number of staff column with 0 to let people know that you don't have any. Below the table, we would then recommend adding a link to YOUR school's financial benchmarking service (not the main landing page). This just needs to be a bit of text with a link in it. Furthermore, we suggest creating a Financial Information page. This can then include the above table and link to your financial benchmarking page. This is a great way of keeping it together making sure Ofsted can find it easily on your website. It will also help you if you ever need to find it to update it.
What do I do next?
If you have any questions about the Financial Information requirement, your first port of call is the School Website Requirements Guide. To go deeper join The School Website Managers Membership where you will get access to all School Website Requirements Course updates and training. Or, drop us a line and book to have a full Ofsted Audit performed on your website.