As slumping share price pressures employees and their morale, tech companies want to offer new stock options and cash perks.

Robinhood, Snap, Roku UberAmong those that offer more cash or equity compensation despite falling stock prices are the ones offering greater grants and/or equity. Silicon Valley recruiters are frustrated by candidates who might have received options close to an all time high, but now find themselves deeply under water after the market collapse. The share prices of all four companies are at or near their peak by 46%.

Will Hunsinger (a former CEO and founder of Riviera Partners, an executive search firm that specializes in executive recruitment) said “Seeing their earnings decline on a day to day is distracting.” “There’s a lot of pressure for these companies to take action — either repricing options to reflect market conditions, or coming up with supplemental cash compensation for folks — especially when you have companies performing well but volatility and the uncertainty in the markets is depressing the stock price.”

Tech employees are often willing to give up a higher salary in exchange for more company shares. The move allows for large paydays when a company is successful in an acquisition or public offering. This can help start-ups attract workers by being less costly in the immediate term.

This tradeoff won’t work when share prices plummet.

The Federal Reserve’s policy pivot has led to the destruction of high-growth tech firms and threatened higher interest rates. Technology-heavy Nasdaq hasseen has taken the brunt and fell into correction territory. This is more than 10% down from November’s record high.

Robert Siegel, a Stanford GSB Professor said that “so much capital was flowing to venture and the public market, the valuations were astronomical.” Capital seeks out more stable places because “Gravity always returns.”

The biggest beneficiaries of the pandemic were Fintech firms. Now, investors are turning to safer havens for their investments. The ARK Invest Fintech Innovation ETF has dropped more than 31%. Affirm has lost more than 63% of its value since January and 79% since its peak in November.

Robinhood shares have fallen 70% in the last six months, and 84% since August’s debut week. A brokerage company offered new stock to employees in December for $19 each share. On Thursday, it was close to $13. Robinhood refused to comment.

Roku, down 47% this year and 75% since its peak in July, gave all employees a new restricted stock-unit grant and pay cash raises of up to 40%.

Click and ChewyBoth are offering limited stock unit grants for one, at 27% and 28% each, respectively. Uber’s stock price is now down 46% and 21% respectively, compared to its peak of February. Uber also has an offer that matches the pay for older employees.

Amazon offers something new for its employees. This is the tech giant announcedIts first stock split in a decade, offering investors 20 shares per share. The latest change to its compensation is targeted at Amazon employees to offer “more flexibility in how they manage their equity in Amazon and make the share price more accessible for people looking to invest in the company,” a spokesperson said.

Tech valuations have experienced a boom that has also been reflected in the private market. CB Insights reports that tech startups raised $621 billion last year in venture capital funding. This is a significant increase over the previous year. Although it is possible that valuations for private start-ups will fall as a result of the cooldown in tech companies publicly traded, this may not happen immediately.

Jason Stomel CEO, Cadre talent agency said that while late-stage unicorns will eventually be successful it hasn’t yet materialized on paper. Engineers are also thinking about this, particularly if their market values were high.