30th August 2007

iGATE Corporation’s Offshore Subsidiary Among Top 3 Best Employers in Survey

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Source: money.cnn.com

iGATE Corporation , a global provider of IT and BPO services, announced that the Company’s offshore subsidiary iGATE Global Solutions (”iGS”), has been ranked among the top 3 best IT employers in India in the 7th Annual Dataquest-IDC survey 2007.

The survey of Top 20 Best IT employers in India was based on a combination of Employee Satisfaction and HR scores.

With total employee headcount of around 6,000, iGS, in the survey was ranked ahead of bigger Indian and Multinational players in the IT industry. From its prior year rank of 29, iGS moved to third place in 2007.

A combination of unique employment benefit programs, coupled with state of the art career planning and a home grown leadership development model pushed iGS to be the 3rd ranked IT employer in India.

“We are glad that our governance model which attempts to optimize the value of shareholders, employees and customer and value to the society at large has received befitting espousal in the DQ-IDC Best Employer Survey 2007. Our organizational culture which is built on an adult to adult engagement model wherein employees have an effective say in their wealth creation has resulted in the most innovative stock ownership program covering 50% of our workforce,” said Phaneesh Murthy, CEO, iGATE Global Solutions.

“At iGS, every employee has an identity and opportunity to exhibit their leadership mettle which is becoming rare in the people intensive knowledge sector. iGS has adopted the German Model of ‘co-determination’ to integrate employee and organizational goals,” said Srinivas Kandula, Global Head HR, iGATE Global Solutions.

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