An employment contract in Farmington, 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 a 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
New Mexico employment contracts usually include many terms such as a description of the job, employment duration (generally at-will employment), compensation/benefits, and grounds for terminating. However, there are also other, less common, clauses that are worthy of notice. First, an arbitration clause requires parties to forego their rights to access the courts for any employment dispute.
Furthermore, the contract can contain a termination clause, also known as a "severance clause". Courts have held that employers who violate these clauses when firing a person may be sued for wrongful termination. Furthermore, information or work that is obtained or completed by an employee may be subject to confidentiality and non-compete clauses.
How Can a Farmington Lawyer Help?
Farmington has many lawyers specializing in New Mexico employment law who can help you understand what the terms of the employment contract are. A lawyer can also lend counsel about what is fair to you in the contract, and can negotiate certain terms that will address your particular concerns as you enter or leave employment.