Legal basis: Article 47 of the Labor Contract Law of People's Republic of China (PRC) stipulates that economic compensation shall be paid to the workers according to the standard of one month's salary for each year of working in this unit. For more than six months but less than one year, it shall be counted as one year; If it is less than six months, economic compensation of half a month's salary shall be paid to the workers.
If the monthly salary of a worker is three times higher than the average monthly salary of local workers announced by the people's government of the municipality directly under the central government or the city divided into districts where the employer is located,
The standard of paying economic compensation to them is three times the average monthly salary of employees, and the longest period of paying economic compensation to them is not more than twelve years.
The monthly salary mentioned in this article refers to the average salary of workers in the twelve months before the dissolution or termination of the labor contract.