Graduates rank training and development over a large salary when selecting a future employer, according to research conducted by Ernst and Young.

An online poll, which registered nearly 600 respondents, showed that 41% of graduates view training and development as the most important consideration when weighing up a potential employer. This compares to 44% when the same survey was last run in 2007.

Salary and benefits remained the second most popular factor, increasing slightly from 18% in 2007 to 21% in 2011.

Stephen Isherwood, head of graduate recruitment at Ernst and Young, said: “The poll raises interesting questions around the expectations of the post-recession class of 2011 versus those of 2007, who were graduating into an uncertain future.

“Despite the burden of university debts, today’s graduates still see their first job as a prime opportunity to gain qualifications and skills which can benefit them long into the future.”

The biggest change in students’ views was around work-life balance, which fell from the third most important factor in 2007 to the fifth in 2011: 16% and 11% respectively.

“Generation Y’s are typically thought to value a healthy work-life balance more than any other generation but, based on the survey results, it’s clear that an increasingly competitive jobs market is tempering their expectations,” said Isherwood.

For more articles on benefits for graduates