This article uses the example of Germany to elaborate on the historical development, the current practice, and recent debates on employability. Employability as an outspoken aim of higher education was only established in recent decades due to the introduction of Polytechnics, the expansion of higher education, and the Bologna-Process. Despite the diversity of the higher education sector (e.g., universities; universities of applied science), the assumption of equality means that degrees from any institution are of equal value according to the level of study. As in other countries, German higher education institutions have established measures to improve employability such as changes in the curricula or the establishment of career services. However, challenges remain to measure the employability and the employability outcome of HE. The article concludes that the identification of specific subject-related and transferable skills and competences and their transferability to the labour market remains an ongoing task to increase the employability of graduates in Germany.