Empowering the IT Industry with Transparent Hiring Practices

The Indian IT industry operates in a highly competitive talent landscape, where hiring the right candidate at the right time is crucial for business success. However, one of the biggest challenges plaguing recruiters and employers today is the uncertainty surrounding candidate commitments during the extended 2 to 3-month notice period.

During this period, candidates often accept multiple job offers—leaving prospective employers in a dilemma. While businesses offer competitive packages and invest significant resources in hiring, they face a serious risk:

• Candidates leverage multiple job offers to negotiate better salaries.
• Companies heavily target professionals serving their notice period, increasing demand for these candidates.
• Keeping a bench of employees is financially unsustainable for most IT firms.
• Candidates often fail to inform companies if they decide not to join after accepting an offer.
• Employers, who have trusted the candidate and made strategic hiring decisions, suffer actual financial losses, operational setbacks, and reputational damage.

The Birth of TraceNow – A Unified Solution

TraceNow was conceptualized as a collaborative and cooperative initiative to address this widespread industry challenge. Unlike traditional solutions that attempt to enforce restrictive policies, TraceNow operates as a neutral platform where IT companies can come together to ensure fair hiring practices through transparency and ethical engagement.

At its core, TraceNow functions similarly to a credit rating agency like CIBIL—where financial institutions share critical data to safeguard mutual interests. However, unlike CIBIL, TraceNow does not collect, store, or enforce any legally binding data. Instead, our platform is designed to facilitate one simple yet crucial function: proactive communication between candidates and employers.

How TraceNow Works

Our mission is not to regulate employment decisions but to foster a culture of responsible communication. We provide a structured mechanism where:

✅ Candidates who change their decision proactively inform all companies that extended an offer to them.
✅ Employers can mitigate the risk of last-minute dropouts and better manage their hiring pipelines.
✅ The hiring ecosystem becomes more transparent, ethical, and predictable—leading to reduced costs and improved hiring efficiency.

We firmly believe in freedom of choice—both for employers and employees. TraceNow does not impose restrictions, maintain employment records, or create employee scorecards. We focus exclusively on solving one core problem: ensuring that employers receive timely communication from candidates regarding their final joining decision.

Why TraceNow Matters

In a rapidly evolving IT industry, agility and efficiency are paramount. Recruitment should not be a game of uncertainty—where businesses make strategic workforce decisions based on assumptions rather than clear information.

With TraceNow, we aim to revolutionize IT hiring practices by:

• Promoting accountability and ethical hiring behavior.
• Helping organizations reduce hiring costs and risks.
• Creating a mutually beneficial system that respects both employer interests and employee rights.

At TraceNow, we envision a future where hiring decisions are backed by trust, transparency, and timely communication—ensuring a win-win situation for all stakeholders in the IT industry.