An employment contract in Las Vegas, 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 typically 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.
Also, 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 Furthermore, information or work that is obtained or completed by an employee may be subject to confidentiality and non-compete clauses.
How Can a Las Vegas Lawyer Help?
An Las Vegas attorney specializing in New Mexico employment law may help you to understand what a given employment contract contains. 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.