Banking staffing

Each year, schools are allocated a staffing entitlement, which is funded from MoE Teachers Salaries. This entitlement is based on the school roll. Schools can decide how they use the entitlement; usage does not have to be static across the year. Banking staffing is the management of this staffing entitlement.

See the Resourcing section on the Ministry of Education website for comprehensive information on banking staffing.

How banking staffing works

Schools have flexibility to manage their staffing entitlement over the year.

If you don't use all your staffing entitlement over a period of time, your banking staffing will be in credit (underuse). You can use this credit later in the year to employ more teachers or charge more teachers to MoE Teachers Salaries.

If you use more than your staffing entitlement, your banking staffing will be in debit (overuse). You could go into overuse during the year if you need extra staffing before you have enough credit stored.

The banking staffing year runs from pay period 23 of one year to pay period 22 of the following year. See Payroll calendar.

At the end of the banking staffing year, there is a balancing period from pay period 23 to pay period 26 to help you manage any credit or overuse.

If you overuse the staffing entitlement

If, at the end of the balancing period, a school has overused its entitlement, the Ministry will deduct the overused amount from the school's July operational funding.

The repayment amount is calculated using the recovery rate multiplied by the overused full-time teacher equivalent (FTTE).

Banking staffing recovery rate

The recovery rate changes each year and is based on the average teacher salary.

For 2014, the recovery rate is $67,000 excluding GST.

Note: GST (15%) will be added to this rate when recovering overused staffing entitlements.

If you underuse the staffing entitlement

You may be eligible for a cash reimbursement of up to 10% of your entitlement. The reimbursement rate will not be known until after the banking staffing year ends, but will be lower than the recovery rate.

Related links

Reports:

Forms:

  • For the form to request a Bank Staffing Adjustment click on the link below to the MoE's website and scroll down to the link to the form.

Ministry of Education website: