Why even bother with measuring things that are N-degrees removed from actual engineering, when you can just get people to engineer things?
I know others on HN have been hammering this point home for years, but until something changes it deserves to be repeated ad nauseum: work samples work samples work samples work samples.
Stop with the trivia questions. Stop with the contrived algorithms questions. Ask people to design systems, ask people to defend their designs, ask people to write real runnable code that directly relates to the work they will be doing at your job, ask people to review a real piece of code written at your company, ask people to critique real design produced at your company. Anything but what we're doing right now.