There’s some good news from the 2011 Cisco Connected World Technology Report. In it, 40 percent of college students or young professionals say they would take lower paying jobs if companies offered more flexible social media policies.

This shows, to me, that people are getting away from the idea that money buys happiness. We’re becoming a society that values time more than how fat a wallet can get.

Findings include:

• Half of those surveyed would rather lose their wallet or purse than their smart phone or mobile device.
• More than two of five would accept a lower-paying job that had more flexibility with regard to device choice, social media access, and mobility than a higher-paying job with less flexibility.
• At least one in four said the absence of remote access would influence their job decisions, such as leaving companies sooner rather than later, slacking off, or declining job offers outright.
• Three out of 10 feel that once they begin working, it will be their right–more than a privilege–to be able to work remotely with a flexible schedule.

For years, I’ve gone on record several times where I work that I’d take a pay cut if management would allow me more freedom in my workday. It’s a losing argument, though, because it means managers have to give up some control. They would have to focus mainly on results.

The result of a controlling mindset, though, could be a disengaged, unproductive workforce. That is, if people actually want to work for a company like that anymore. And it’s beginning to a lot look like people don’t.

How important is social media access and workplace flexibility to you? Or are you just happy to have a job (if you have one)?

(Photo via Flickr: Kalyan Chakravarthy / Creative Commons)