Cisco's second annual Connected World Technology Report, a recently released study that says attracting and maintaining Millennial (ages 18 to 30) talent takes more than the number of zeroes attached to a weekly paycheck. The company surveyed 1,400 college students aged 18 to 23 and 1,400 young professionals under the age of 30 across 14 countries. The conclusion? "The growing use of the Internet and mobile devices in the workplace is creating a significant impact on job decisions, hiring and work-life balance," the report concluded. "The ability to use social media, mobile devices, and the Internet more freely in the workplace is strong enough to influence job choice, sometimes more than salary."
And here is another interesting factoid: Cisco also discovered that more than half of respondents said they'd rather lose their wallets or purses before losing their smartphones or mobile devices. Cisco's findings are telling of a generation that's been glued to LCD screens and wired to social networks from an early age. According to the report, 40% of college students and 45% of young professionals would accept lower-paying jobs if they had more access to social media, more choice in the devices they could use at work, and more flexibility in working remotely. More than half of the college students surveyed indicated that if an employer banned access to networks like Facebook at work, "they would either not accept a job offer from them or would join and find a way to circumvent."
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