Q. My boss gave me a heads up. I’m getting laid off. I’ve been expecting it though — what should I know about a severance package?

A. I’m sorry to hear this news, especially during the holidays, but sometimes knowing is better so you can get into action mode, rather than having it looming. It doesn’t make the sting any less; again, my condolences as there’s a grieving process to job loss.

Don’t sign anything on the spot. You may want to speak to an employment attorney to review the paperwork before you sign it. For instance, there may be a noncompete clause saying you can’t work for a competitor; your attorney will probably advise you to have them delete it. That’s why it’s important to have it reviewed before you agree to anything on the spot.

They’ll probably tell you how much money you’ll get as part of your package — this differs by company and is often a formula based on the years of service and their policy, etc. You may get paid out for unused personal time, too.

Review the HR policy before the meeting so you can ask questions, try to negotiate the package, perhaps extend the end date, and don’t forget about health benefits so you can go onto COBRA if need be. Also, ask who the contact will be if you have additional questions after the meeting.

Q. My boss told me I was going to get a bonus at the end of Q3. That came and went. Now I’ve been told Q4. It’s in writing so I have that as backup, but does that even mean anything? He’s on my side — he hasn’t gotten his bonus either! What should I do if I don’t get it again in a few weeks?

A. Honestly, look for a new job. Of course yes, you should talk to your boss, remind him that you’re anticipating it, yada yada yada … ask when it will be in your paycheck, that you’re aiming for this year based on what was promised to you.

The good thing is that your boss is on your side, so maybe your boss will leave and bring you with him to the new employer. Since we can’t count on this “maybe” and “what if,” do what is in your control.

Start looking for a new job. I’m not saying you should accept the first offer — simply start looking. Then, when you get an offer, you can calmly and methodically compare the new offer to your current situation and see which is better.

It’s always good to have options. Open new doors so in 2024 you won’t be in the same position (or if you are with your current company, you can lower bonus expectations and continue to look for a new job). You’re in the driver’s seat!

Vicki Salemi is a career expert, former corporate recruiter, author, consultant, speaker, and career coach. Send your questions to hello@vickisalemi.com. For more information and to subscribe to Vicki’s newsletter, visit www.vickisalemi.com and follow her on Twitter and Instagram @vickisalemi./Tribune News Service