Free report: See how your college compares to the sector's financial benchmarks.
We're currently making available an extract of our Benchmarking analysis for Further Education in a bid to help colleges better understand how their financial operations stack-up against the backdrop of the wider sector.
For your chosen benchmark area, we will share with you the following benchmark data, so you can see how your college compares against the sector.
- Calculated expected cost profile
- Cost per Equivalent Full Time Student
- Proportional spend of each area relative to total core expenditure
- Cost per £1,000 Core Income
- Expected number of FTEs being used to undertake activity in this area
- Average pay level for that area
An objective comparison for unique institutions
Tribal applies a benchmarking model consistently to capture activity, irrespective of organisational or cost centre structure. This means that colleges can access a truer sense of activity cost and how that compares to other colleges on a like-for-like basis.
To be sent your summary Benchmarking report for your college, simply complete the form opposite. A member of the team will email your report the next working day.
