Q. My boss gave me a heads up. I’m getting laid off. I’ve been anticipating it although — what ought to I find out about a severance package deal?

A. I’m sorry to listen to this information, particularly through the holidays, however generally realizing is healthier so you may get into motion mode, moderately than having it looming. It doesn’t make the sting any much less; once more, my condolences as there’s a grieving course of to job loss.

Don’t signal something on the spot. You could need to converse to an employment legal professional to assessment the paperwork earlier than you signal it. For occasion, there could also be a noncompete clause saying you possibly can’t work for a competitor; your legal professional will most likely advise you to have them delete it. That’s why it’s necessary to have it reviewed earlier than you comply with something on the spot.

They’ll most likely let you know how a lot cash you’ll get as a part of your package deal — this differs by firm and is commonly a formulation based mostly on the years of service and their coverage, and so forth. You could receives a commission out for unused private time, too.

Review the HR coverage earlier than the assembly so you possibly can ask questions, attempt to negotiate the package deal, maybe lengthen the tip date, and don’t neglect about well being advantages so you possibly can go onto COBRA if want be. Also, ask who the contact shall be in case you have extra questions after the assembly.

Q. My boss instructed me I used to be going to get a bonus on the finish of Q3. That got here and went. Now I’ve been instructed This autumn. It’s in writing so I’ve that as backup, however does that even imply something? He’s on my aspect — he hasn’t gotten his bonus both! What ought to I do if I don’t get it once more in just a few weeks?

A. Honestly, search for a brand new job. Of course sure, you need to discuss to your boss, remind him that you just’re anticipating it, yada yada yada … ask when it is going to be in your paycheck, that you just’re aiming for this yr based mostly on what was promised to you.

The good factor is that your boss is in your aspect, so perhaps your boss will go away and convey you with him to the brand new employer. Since we are able to’t rely on this “maybe” and “what if,” do what’s in your management.

Start on the lookout for a brand new job. I’m not saying you need to settle for the primary supply — merely begin trying. Then, while you get a suggestion, you possibly can calmly and methodically evaluate the brand new supply to your present scenario and see which is healthier.

It’s at all times good to have choices. Open new doorways so in 2024 you gained’t be in the identical place (or in case you are together with your present firm, you possibly can decrease bonus expectations and proceed to search for a brand new job). You’re within the driver’s seat!

Vicki Salemi is a profession knowledgeable, former company recruiter, writer, advisor, speaker, and profession coach. Send your inquiries to [email protected]. For extra info and to subscribe to Vicki’s e-newsletter, go to www.vickisalemi.com and observe her on Twitter and Instagram @vickisalemi./Tribune News Service