An employment contract in Hobbs, consists of a legally binding agreement between the employer and the employee for conditions stated for the employment relationship. In New Mexico, many employment contracts are negotiable to enable both parties to arrive at a unique agreement suitable for the circumstances. Employment contracts specifying a period 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 normally include many terms such as a description of the job, employment duration (generally at-will employment), compensation/benefits, and grounds for terminating. Nonetheless, 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.
Additionally, a severance clause or "termination clause" outlines the process for ending the employment. Courts have held employers liable for wrongful termination when violating such clauses. Furthermore, information or work that is obtained or completed by an employee may be subject to confidentiality and non-compete clauses.
How Can a Hobbs Lawyer Help?
Lawyers in Hobbs who specialize in New Mexico employment laws can assist you in determining what employment contracts contain. 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 terminating employment.