This podcast is sponsored by Lepaya. We have enjoyed producing the People masterminds podcast for over 3 years now. And after 3 years, we want to make it better and inspire even more listeners. Therefore, we would love to get a bit more insight into you, our listener. Could you do us a huge favor and fill in this short (anonymous) survey? Just 3 minutes of your time, and you will make us a lot wiser. Thanks a lot! 💶 Does pay follow inflation? 📈 This question is top of mind of every employer and People leader right now. We all wonder "What to do with inflation and what do others do?" How to deal with the rising costs of living and expectations from employees? You want to support your employees, but also have to deal with the reality in which you can’t fully pass-on that increase in labor costs to your clients. What’s the smartest thing to do? This episode will give you insights to think about. Subject matter expert Dieter Veldsman from AIHR is our guest and sheds his bright light on this question from different angles, including financial wellbeing. Dieter’s eye-opening advice is a must-listen for everyone juggling with this topic.  You can read more about this topic in this article.