An employment contract in Rio Rancho, 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 normally include many terms such as a description of the job, employment duration (generally at-will employment), compensation/benefits, and grounds for terminating. Other clauses that are less common might also be contained in the contract. These might include: first, an arbitration clause stating that the parties may not sue should a dispute arise regarding the employment
Furthermore, termination or severance clauses detail the procedure for ending employment. Courts have held that when an employer violates these in firing an employee, the employee may sue for wrongful termination. Additionally, work that is completed by an employee, or information obtained by them are covered in clauses known as confidentiality clauses and non-compete clauses.
How Can a Rio Rancho Lawyer Help?
A Rio Rancho 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.