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Virtusa Recognized At 2012 International Business Awards, Awarded Silver Stevie

Stocks in this article: VRTU

Virtusa Corporation (NASDAQ: VRTU), a global IT services company that offers a broad range of information technology services, including IT consulting, technology implementation and application outsourcing, announced today that it has earned a Silver Stevie® Award for ‘Human Resources (HR) Department of the Year’ in the 2012 International Business Awards (IBA). The award recognized Virtusa’s outstanding global HR practices, work environment and benefits. In addition, the award highlighted Virtusa’s unique culture across its international locations in North America, Europe and Asia.

“We are delighted to receive recognition for our efforts in building Virtusa as an employer of choice in the geographies that we operate in,” said Kris Canekeratne, chairman and CEO at Virtusa. “In addition, this award recognizes our commitment to creating a fulfilling work environment for our global team members and honors the hard work and dedication of our global workforce who deliver cutting-edge IT solutions for our clients.”

The IBA award recognizes Virtusa’s success in establishing a global “people program” that enables and nurtures talent and supports business growth across its geographic locations. While Virtusa has won numerous local and country-specific awards, this recognition truly highlights the company’s global successes and honors Virtusa for its outstanding people practices across its international locations.

“As Virtusa continues to expand our global footprint, we remain committed to fostering a social business eco-system that caters to the millennial work ethic,” said Sundararajan Narayanan, vice president and global head of HR at Virtusa. “In addition, our focus on building globally savvy leaders that transcend cultural and economic boundaries provides exciting global opportunities for our top talent across our international offices. We are delighted to receive this honor and proud to have created a people eco-system which our team members all over the world are proud to be a part of.”

Now in its ninth year, the International Business Awards are judged by nearly 300 executives around the world. Virtusa was recognized among more than 3,200 nominations submitted this year for consideration from organizations in more than 50 nations and territories in virtually every industry. The International Business Awards trophy is one of the world's most coveted prizes.

"Entries to the IBAs grew substantially this year," said  Michael Gallagher, president and founder of the Stevie Awards. "Despite slow economic conditions in much of the world, the quality of nominations was outstanding, demonstrating that there are many companies that are innovating and growing regardless.”

Virtusa continues to be recognized for HR excellence having won "Best Employer" Awards in the US, UK, India and Sri Lanka in the past year alone. Not only does the company implement best HR practices globally, it has several distinct programs in place covering personal productivity improvement, use of social tools to improve business outcomes and more, which ensure a professionally fulfilling environment for team members, while fostering company growth.

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