MeritTrac launches AceTrac – The Employability Enhancement Program to Complement India’s Skill Building Initiative

The supply and demand woes in the state of employment have been persistent. Several efforts are being made to address the gap between degrees and skills. The problem of employability has been prevalent for a long time in the industry. Several initiatives by stakeholders have at best been either ‘quick fixes’ or disintegrated efforts, offering marginal benefits or leading to higher costs. The fact that employability cannot be improved overnight has been well established and the need for long-term, strategic and fundamental changes in approach is imperative.  

MeritTrac Services, India’s Testing and Assessment Company has today launched a unique employability enhancement program, ‘AceTrac’, as a solution to positively impact the stagnant employability quotient of the graduates. AceTrac is a comprehensive employability enhancement program that will assess candidates on employability skills at regular intervals during the graduation study of a student. AceTrac provides developmental inputs and detailed feedback to students by benchmarking them against the industry hiring standards and help them prepare better.

Mr. Gopal Devanahalli, CEO of MeritTrac Services said, “Numerous education reform initiatives in India have resulted in a surge in the Gross Enrolment Ratio. This coupled with a high number of educated youth and a substantial shift in the job landscape has made the employability and the right kind of employability critical. As a responsible stakeholder, MeritTrac believes that it has an active role to play in making the future of India employable. With its years of experience, MeritTrac has a clear understanding of what the corporates want and the state of talent pool in academic institutions. We believe that AceTrac will complement India’s skill building initiatives by systematically enhancing job-readiness of candidates thereby making them gainfully employable.”

Mr. Nagendran Sundararajan, Executive Vice President of MeritTrac Services said, “Corporates and their recruiters have been looking for a solution that can help them recruit job-ready candidates. The educational institutions and the student community have been looking for solutions that will help them improve their employability quotient during their college study. AceTrac has evolved out of this market need and MeritTrac’s 17 years of experience in employability assessments. Employability is not measured through an arbitrary score, and it varies from one job to the other. In this context, we believe that most students can become employable for varying of jobs and skillsets. What is important is to understand the strengths, areas of improvement and interests of individual students and help them in becoming employable. The AceTrac platform has been made intuitive to help corporates identify the employable talent they look for. We believe AceTrac will immensely help student community to transform themselves as job and career ready.”