Today, the government offered a 6.5% pay rise for teachers for September, implementing the recommendations of the School Teachers’ Pay Review Body (STRB).
There will be additional funding given to schools to cover 3% of this, amounting to £900m in the 2024-25 financial year. This money will come from ‘reprioritising within the DfE’s existing budget’, but ‘frontline services’ will be protected; it will be delivered in the form of a grant for schools. More information on the amount of funding each school will receive is available on the DfE website.
The remaining 3.5% of the funding is to come from schools’ budgets, which the DfE increased following extra funding announced in last year’s autumn statement.
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