Schools are able to choose the most suitable staff member based on merit and can focus on how teachers and other staff support the needs of students in the school. Principals do not need to select staff based on cost. The actual differences in staff costs are managed centrally.
The benefits of the standard cost approach include:
- providing certainty for schools in budgeting and planning, as the costs of various positions are known and fixed for the calendar year
- providing a system-wide mechanism to support schools to manage rate variations.
Schools engaging additional temporary staff using targeted funding, equity flexible funding or the per capita allocation need to budget for the positions at standard cost.
Permanent above centrally identified positions (ACIPs) created using any funding source, including school and community funds: permanent positions are costed at standard cost.
The standard cost approach does not apply to:
- casual staff, who are costed at actual cost plus on-costs, whatever the funding source
- temporary staff employed using school and community source funds, who are costed at actual cost plus on-costs.