Less Money, More Social Media Access

Salary not necessarily top priority when recruiting younger workers.

December 1, 2011

Recruiting younger workers? Salary isn’t necessarily their top priority.

In fact, the ability to use social media, mobile devices, and the Internet more freely in the workplace is strong enough to influence young people’s job choices, sometimes more than salary, according to Cisco’s 2nd annual Connected World Technology Report.

Findings include:

  • 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 50% of college students would either not accept a job offer or would find a way to circumvent any employer ban on using Facebook at work.
  • More than 50% of respondents would rather lose their wallets or purses before losing their smartphones or mobile devices.

The survey focused on college students ages 18 to 23 and professionals younger than age 30 across 14 countries.

CUNA Fin Ed Tools Win Eddie Awards

CUNA’s Plan It and MoneyMix—two onlineEdge personal financial education
products—won Folio: Magazine’s 2011 Eddie Awards.

Both are honored for their excellence in editorial content:

  • Plan It—an online retirement planning tool—helps preretirees focus attention on their financial and personal goals. It allows them to keep track of retirement funds through interactive calculators, short courses, informative articles, FAQs, quick tips, and other progress-tracking tools. Plan It received the gold medal for Best Consumer Website for Non- profit Associations.
  • MoneyMix won the bronze medal for Best Online Column or Blog. In particular, judges noted its spending blog’s originality and accessibility. The blog is one of many featured in the product, which inlcudes useful spending advice written by and for young adults.

The Eddie Awards program is the largest magazine awards program in the U.S. It received more than 2,000 entries, and judges selected only 400 winners.

Find more about Plan It and MoneyMix at cuna.org.

Invest in America Is Wegner Award’s Outstanding Program

Invest in America supports credit unions’ mission through efforts such as raising awareness of credit union benefits, offering discounts to members, providing credit unions member loyalty programs, and sponsoring financial literacy initiatives such as the Emmy Award-winning children’s show Biz Kid$. For these efforts, Invest in America—managed by CU Solutions Group—receives the National Credit Union Foundation’s 2012 Herb Wegner Memorial Award for Outstanding Program.

The program’s key initiatives include its Big Ticket program, which focuses on increasing new membership and vehicle loan volume; its Membership Rewards program, designed to increase credit unions’ card transactions by offering savings on products and services most used by members; and offering marketing platforms for credit unions.

 Visit ncuf.coop for information on the awards dinner, held in March during CUNA’s Governmental Affairs Conference in Washington, D.C.