Coforge recognized again for its HR Practices

Strengthens position as employer of choice
New Delhi, November 5th 2012, Monday :- Coforge Ltd. (NSE: Coforge), a leading global IT solutions organization, today announced that the company has been ranked No. 6 in the  Dataquest-CMR Best IT Employers Survey 2012. The analysis was based on an industry-wide employee satisfaction survey. The company is ranked No.4 in company image and culture and makes remarkable presence across categories.

Commenting on Coforge’ performance in the Best Employers Survey, Ed Nair, Editor, Dataquest said,, “I congratulate Coforge for their consistent performance in the Best Employers Survey. This year, the company has been ranked No.4 in areas of company culture and company image. It has also scored high in training and development, job satisfaction and managing people, and was ranked as one of the best employers of choice in the IT industry”.

“We are pleased to continue our strong leadership position in the DQ-CMR Best Employers Survey, especially as this comes immediately after being Ranked No. 1 by the ASTD. We are delighted that our people-focused HR practices have been acknowledged by our people and the IT Industry .This further strengthens our resolve to provide fulfilling careers and exciting growth opportunities for all our people” said Ms. Rosita Rabindra, Chief People Officer, Coforge.

This is the second year in a row that Coforge has been ranked in Dataquest-CMR Best IT Employers Survey for its people- focused HR practices, re-affirming its position as one of the best employer of choice in the IT industry.

About Coforge

Coforge is a leading IT solutions organization, servicing customers in North America, Europe, Middle East, Asia and Australia. It offers services in Application Development and Maintenance, Managed Services, IP Asset or Platform Solutions, and Business Process Outsourcing to organizations in the Financial Services, Travel & Transportation, Manufacturing/Distribution, Healthcare and Government sectors. The Company adheres to major global benchmarks and standards, having secured the ISO 9001:2000 certifications and the ISO: 27001 Information Security Management accreditation. Coforge also follows global standards of development. It has been assessed at Level 5 of SEI CMMi version 1.2. Coforge Business Process Outsourcing conforms to the highest quality standards such as COPC and Six Sigma. Its data centre operations are assessed at the international ISO 20000 IT management standards.

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About DQ-CMR Best IT Employers Survey

The DQ-CMR Best IT Employers Survey 2012 was designed and carried out in 2 phases. In the first phase, HR questionnaires were sent to around 200 IT companies including both domestic and exports players. The questionnaire sought information on areas such as employee strength, salary structure, training days, and tenure of top management. The shortlisted companies reached the second phase- the employee satisfaction survey. This phase was based on parameters such as total employee size, average tenure of senior management, total average training, retention rate, and average salary hike in percentage, apart from employee salary structure and preferred company in the industry. The employee satisfaction survey covered 7 major cities in India. Scores from the HR survey and the employee satisfaction survey, calculated separately, were combined to arrive at a composite score. Companies were then given ranks based on the composite.

Safe Harbor

Certain statements in this release are forward-looking statements. The business involves various risks, and uncertainties that could result in the actual results to differ materially from those indicated here. All forward looking statements made herein are based on information presently available to the management of the Company and the Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.