Ofsted might say that but not the SMT at school.
I teach year one and give verbal feedback for each piece of work...
Then I go away and write my comment on the work (for the benefit of a book scrutiny, not the child's progress).
We are expected to do next step marking for every piece of work, even things like a maths worksheet that is filed in a folder and the child never sees again. It is silly.
I think it depends on the ages of the children too.
My DD y6 had some really thoughtful marking in her book but she then told me that this was all done retrospectively the week before parents evening and her books hadn't been marked in weeks.
That marking didn't benefit her because she wasn't getting the feedback in time for the next lesson (and I'm not blaming her teacher! Workload is huge, especially in Yr6, and I probably would have done the same thing to cover my own back ).
I think non-teaching (PPA) time needs to be increased. Even in the last 4 years, as I've got more experienced, it seems my workload is increasing year on year. We get 2 hours in the middle of the day for PPA. So have to be in class teaching and then leave for two hours, then come back in with no break to a class full of children waiting for their next lesson. It's hardly any time at all to prepare the next week and attempt to mark.