when the labor contract expires, the rights and obligations of both parties have ended, and there is no problem of compensation for losses. However, if the employer fails to renew the contract or the employee whose working conditions are reduced by the employer fails to renew the contract, the labor contract shall be terminated and the employer shall pay economic compensation.

the economic compensation is calculated according to the average wage earned by the laborer in the last two months before the termination of the labor contract, including hourly wage or piece-rate wage and monetary income such as bonuses, allowances and subsidies. If the average wage earned by workers in the two months before the termination of the labor contract is lower than the local minimum wage standard, it shall be calculated according to the local minimum wage standard; If it is three times higher than the average monthly salary of employees in the local area last year, it shall be calculated at three times. If the laborer has worked for less than 1.2 months, the average salary shall be calculated according to the number of months actually worked.