Company honored for second consecutive year for driving HR excellence on a global scale
WESTBOROUGH, Mass.,“(October 15, 2013)“ Virtusa Corporation (NASDAQ: VRTU), a global business consulting and IT outsourcing company that combines innovation, technology leadership and industry solutions to transform the customer experience, today announced that it has won a Silver StevieÂ® Award for 'Human Resource Department of the Year' in the 10th annual International Business Awards. This is the second consecutive year that Virtusa has won this award. This year, more than 3,300 nominations from organizations in more than 50 nations and territories were submitted. The International Business Awards are considered the world's premier business awards program.
We are delighted to receive the International Business Award for Human Resource Department of the Year, said Kris Canekeratne, chairman and CEO of Virtusa.We have made significant investments in our HR practices and this honor not only gives credence to our processes but also recognizes the untiring effort of our global team members. We are deeply honored and gratified to receive recognition from the Stevies in 2013.
Virtusa was one of just two organizations honored with a Silver Stevie for 'Human Resource Department of the Year' in this year's International Business Awards. The company was awarded for developing and implementing innovative, global HR practices aimed at recruiting and retaining team members and ensuring they reach their full potential at Virtusa, both personally and professionally. Named a Millennial Enterprise,Virtusa was recognized for creating unique development strategies and programs, particularly catered toward Millennials, who make up 86 percent of Virtusa's workforce. The company was honored for creating a proprietary internal social business platform, V+, which it uses to improve internal engagement and collaboration. As a part of its innovative HR program, Virtusa regularly solicits feedback from junior and senior team members, holds interactive 'YamJam' sessions using Yammer and leverages gamification, rewarding team members for their accomplishments.
We are delighted to receive continued recognition from the Stevies for demonstrating excellence in our HR programs,said Sundararajan Narayanan, vice president and global head of HR at Virtusa.We pride ourselves on being an innovative company -- we infuse both innovation and technology in everything we do and HR is no exception. By combining traditional HR practices with new, innovative programs such as V+, we have created a culture that is appealing to Millennials, Baby Boomers, and everyone in between, and empowers them to do their best work.
Over the past year, Virtusa has been recognized all over the globe with numerous awards, including 'Best Employer' awards in the U.S., Britain, India and Sri Lanka. Recently, Virtusa was named to Britain's Top Employers list and The Boston Globe's Globe 100, in addition to being recognized with a Pegasystems Partner Excellence Award for Thought Leadership in Legal Services. Earlier this year, Virtusa won a Bronze Stevie Award for 'Human Resources (HR) Department of the Year- Computer Software and Services' in the 11th annual American Business Awards.
To learn more about the 10th annual International Business Awards and to see a full list of winners, please visit http://www.stevieawards.com/iba/. Winners were honored at a special ceremony in Barcelona, Spain on October 14.