Significantly Improves rating owing to learning and innovative HR initiatives

Hyderabad – October 05, 2011 - 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 services, today announced that it has been ranked 9th amongst the Top 20 Best IT Employers in India by Dataquest (DQ)-CMR in their annual Best Employer Survey 2011. The company scored high on Company Culture, Training and Appraisal System.

Virtusa’s significantly improved its ranking from last year’s position of 15. In 2009, the company was placed at 20th position. The strong showing in this Survey over consecutive years is a validation of Virtusa’s strong belief that people are it’s most valuable resource and the commitment by organization to create the best workplace environment for its employees.

Virtusa has implemented the “Work, Home, University” framework to strengthen the connection between employees’ aspirations & goals, training and their career paths. Further, the company’s investment in in-depth training programs coupled with a comprehensive 360 degree appraisal system continues to provide a stimulating platform for learning, development and growth for the employees.

Commenting on the achievement, Samir Dhir, senior vice president/ global delivery head & head of India operations, Virtusa, said, “We are honored to be recognized in again this year’s DQ-CMR Best IT Employers Survey. The significant improvement in our ranking is a clear testament to our core belief in engineering excellence, strong value system and a people oriented culture.”

Ramesh Kannan, director – HR, Virtusa, said, “We are delighted to be rated for the third consecutive year as one of the Best IT Employers in India. Inclusion in this list vindicates our focus and commitment to employees and our relentless journey towards implementing world class people practices, thereby providing a stimulating environment for our team members to reach their full potential.”

Indian IT companies, both domestic and multinationals, participated in the DQ-CMR survey, which was designed and carried out in two phases. Phase one, the HR Survey, saw participation from 49 companies and was based on several parameters like total employee strength in India and total average training, among others. In the second phase, a large-scale survey was conducted by CMR India among 3337 employees of the 40 shortlisted companies. The survey questionnaire included 73 statements under parameters like composite satisfaction, company culture, job content/growth, training, salary and compensation, appraisal systems, people, gender inclusivity, and managing the slowdown. Dataquest is a flagship publication released by CyberMedia Group and it collaborated with Cybermedia Research (CMR) to bring out the top 20 Indian IT employers this year.

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