Many would presume that in tough economic times, graduates coming out of a long period of education would be looking to jobs providing the largest pay packet. But a survey has shown in fact being able to log on to Facebook is rated higher in importance.

One in three graduates actually see freedom to use social media sites at work as prized far higher than an impressive salary.

Over 50 per cent of students said that rather than worrying about wages when applying for jobs, they were likely to either turn down jobs at organisations that banned social media or find a way around the policy.

Being in touch with friends constantly, even during working hours, is valued so highly by those that will be or have recently graduated that 75 per cent said they would ask about social media polices during an interview.

And possibly in a bid to attract new talent, many organisations seem to be bending to the needs of potential employees.

The survey found that 40 per cent of graduates in the workplace said companies persuaded them to take jobs by offering friendly social media polices.

Over 30 per cent of graduates actually said their knowledge of social media gave them a competitive edge when applying for jobs.

The survey questioned nearly 3000 students and graduates about what they expect in an employer.

Employees expect, more so than ever before, flexibility and the right to work from home.

Almost 45 per cent of those surveyed said they did not see the need for them to be in the office everyday, unless they had an important meeting.

Of the students and graduates questioned 25 per cent said that working from home would actually increase productivity.