FizzBuzz is a bit of understatement, most of those tests are alike once you practice a bit and sink into trivial category; some companies actually give you way more difficult questions than what you get at Google/FB etc. and after you pass that terror then present you with an offer where you don't know if you have to laugh or cry. I haven't seen a single company doing that outside top 5 to compensate you properly for it. Everybody wants the best, everybody thinks they are the next Google (well, they are far from it), and everybody thinks coders are stupid and don't value their craft (which they don't it seems).
Indian IT services and consulting firms long realized these problems. Its just not possible to expect to hire the best and expect them to work for McDonalds burgers. So they state honestly what they want and what they can pay.
At the same to be cognizant of your business, profit margins and by that definition what you can pay and remain profitable is a good thing. Not every shop has to be a world changing venture, and if you can pay low and hire people good enough to run your business is just perfectly Ok.
> I haven't seen a single company doing that outside top 5 to compensate you properly for it.
There are small financial firms which will conduct significantly harder interviews than Facebook/Google. The offers are also commensurately higher (significantly so).
And that's totally fine. If they offer you 500k or work on space ships/self driving car core then I am willing to go through a grueling interview process. If all they offer is 50-80k and a vision of making founders rich, they can go literally stuff themselves.
Nope, it's not moving from there. HackerRank is now the step 0 before the whiteboard interviews even start. At best it removes the technical phone interview.