Wages for all types of jobs are significantly higher in Exeter than in Plymouth, a new survey has revealed.
The 2014 Regional Salary Guide by recruitment agency Reed, has revealed that some workers in Exeter could be earning up to £20,000 more a year than their Plymouth counterparts.
But it’s not just at the top end. All jobs, including office manager, legal assistant and graphic designer, all pay more in Exeter than Plymouth.
Staff in office support, customer services and IT roles can still be up to £7,000 better off if working in Exeter.
The biggest gulf in salary is in marketing and sales, where the average maximum wage for a sales director in Exeter is £70,000 – compared to £50,000 in Plymouth .
But it’s not all good news for Exeter. The city is still below the national average for pay.
The guide’s findings are reinforced by Devon County Council. Its figures reveal average full-time earnings in Exeter to have grown by 9.7 per cent between 2009 and 2013.
Over the same period they grew by 3.3 per cent in Plymouth.
A council spokesman said: “Salaries for many positions are slightly higher in the Exeter area due to its fairly buoyant economy and more competitive labour market.
“Unemployment has fallen in recent years in both Plymouth and Exeter, although has fallen faster and to a much lower level in Exeter, meaning employers there have a smaller pool of available labour and often have to offer higher salaries to staff for similar positions.”
Chris Lorimer, director of Exeter Chamber of Commerce, said: “We’re a smaller city but we are growing quite quickly. We have a low unemployment rate and high demand for staff, pushing up what employees can ask for.
“This is a double-edged sword – good for staff but making it harder for businesses who have to afford those salaries.”