Company honored by American Business Awards for its technology-driven HR initiatives
WESTBOROUGH, Mass., – (July 16, 2014) –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 Stevie® Award for ‘Human Resources (HR) Department of the Year’ in the 12th annual American Business Awards. Virtusa is one of seven companies to receive an award in the HR Department of the Year category. More than 3,200 nominations were submitted to the awards overall.
“We are extremely honored to be recognized by the American Business Awards for our innovative HR practices for the third year in a row,” said Kris Canekeratne, chairman and CEO of Virtusa. “Our HR team continues to implement creative, technology-driven ideas that integrate HR programs and team member engagement initiatives. We are globally committed to our core values and providing the best possible experience for our team members, and this commitment is carried out every day in every department.”
The American Business Awards honored Virtusa for its commitment to being a “Millennial Enterprise” and for having gamification platforms at the core of its HR strategy. The company routinely uses non-formal recognition (RAVE) tactics for performance reviews, and it is the first in the industry to use talent analytics to drive improvements in what it calls the employee delight index (EDI) and HR leaderboards.
“We work tirelessly to ensure that we are continuously improving the corporate HR frameworks and platforms that support our team members at all levels and roles within the company,” said Sundararajan Narayanan, senior vice president and global head of HR at Virtusa. “We are honored to receive recognition for our approach to leveraging gamification techniques to drive engagement and development as we continue to sustain and grow our market brand. We are proud to be a sought-after workplace where team members never stop learning, growing and collaborating.”
Virtusa’s approach to leveraging modern HR practices and innovative social technologies and techniques to drive team member empowerment has been recognized globally. Some of the recent recognitions across geographies include The Times Union and WorkplaceDynamics Top Places to Work, the Achievers 50 Most Engaged Workplaces list, the International Business Award (Stevies) for Best People Practices (the second consecutive year), the Asia Best Employers Brand Award for HR Excellence and the Golden Peacock Award for HR Excellence among others.
Virtusa provides end-to-end information technology (IT) services to Global 2000 companies. These services, which include IT consulting, application maintenance, development, systems integration and managed services, leverage a unique Platforming methodology that transforms clients’ businesses through IT rationalization. Virtusa helps customers accelerate business outcomes by consolidating, rationalizing, and modernizing their core customer-facing processes into one or more core systems.
Virtusa delivers cost-effective solutions through a global delivery model, applying advanced methods such as Agile and Accelerated Solution Design to ensure that its solutions meet the clients’ requirements. As a result, its clients simultaneously reduce their IT operations cost while increasing their ability to meet changing business needs.
Founded in 1996 and headquartered in Massachusetts, Virtusa has operations in North America, Europe, and Asia.
Virtusa, Accelerating Business Outcomes, BPM Test Drive and Productization are registered trademarks of Virtusa Corporation. All other company and brand names may be trademarks or service marks of their respective holders.