You're absolutely correct that novel alternatives are out there. I would add innovations in the hiring process to that list. In a typical interview process, candidates have to take vacation time from their current role and jump through tons of hoops to ever receive a salary offer.

I know there are startups hoping to disrupt hiring (and the LinkedIn fueled swamp that is the recruitment industry), but now is the time for companies to rethink how they vet their candidates (and I don't mean lowering standards).