Driven by global rankings and national quality assurance (QA) initiatives, Taiwan's higher education institutions were encouraged to develop strategic plans and initiatives, in order to improve graduate student employability. The purpose of this study is to explore the polices and strategies adopted by Taiwanese higher education institutions, with a particular focus on 'employability', in terms of standards and indicators of QS ranking and Higher Education Evaluation & Accreditation Council of Taiwan (HEEACT) programme accreditation in 2017. This paper analysed strategic plans and self-assessments reports from 20 Taiwanese universities in order to determine the impact of ranking and QA on employability initiatives and associated implications for institutional policy. The study presents three major findings. First, the emergence of global ranking and national quality assurance systems pressured Taiwanese universities to situate several employability initiatives within their institutional strategic plans. Second, Taiwanese universities applied varying approaches to the integration of graduate employability into institutional policies and strategic plans, according to ranking and national accreditation standards. Third, the gap between institutional policy making and actual implementation of employability initiatives exists in the Taiwanese context.