is it true that someone will better education such as first class or second upper local degree will have a better progression as compared to those distance learner degree?

For example someone with first class local u joined after grad.. 5 years later promoted to manager.. Another distance learner degree with 5 years experience joined as manager.. salary aside, in terms of progression would the local u have advantage? or its purely base on grade? is it true true that local u tend to have better grade?