An employment contract in Corrales, consists of a legally binding agreement between the employer and the employee for conditions specified for the employment relationship. In New Mexico, most employment contracts are negotiable to enable both parties to arrive at an unique agreement suitable for the circumstances. Employment contracts specifying a term of employment provide employees with some measure of job security if conditions are satisfied. They further permit the employer to directly control employee productivity to some degree.
Common Terms in New Mexico Employment Contracts
Job descriptions, wage levels, length of time of employment (or more likely, at will employment), and grounds for promotion or termination are typically included in the majority of New Mexico employment contracts. Some clauses are less common but still worthy of being noted. First, the contract might include an arbitration clause which requires that parties forgo going to court over an employment dispute.
Second, details for ending employment may be outlined in a severance or termination clause. Violations of a termination clause can cause the employer to be held liable for wrongful termination Additionally, confidentiality and non-compete clauses make all information obtained or work completed by an employee under contract subject to specific rules.
How Can a Corrales Lawyer Help?
A Corrales lawyer who specializes in the employment laws of New Mexico may assist you in understanding what is contained in an employment contract. You can also obtain counsel from an attorney as to what is fair in a contract. They can also negotiate terms for you with regards to concerns with entering or leaving employment.