1. Workers shall be paid one month's salary for each year they have worked in this unit;

2, employees in this unit for more than six months but less than one year, according to one year;

3, work less than six months, need to pay economic compensation for half a month's salary.

If the monthly salary of workers 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 for paying economic compensation to workers is three times the average monthly salary of workers, and the longest period for paying economic compensation to workers shall not exceed 12 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. If the employer terminates or terminates the labor contract in violation of the provisions of this Law, and the employee requests to continue to perform the labor contract, the employer shall continue to perform it; If the laborer does not request to continue to perform the labor contract or the labor contract cannot be continued, the employer shall pay compensation in accordance with the provisions of Article 87 of this Law.

Procedure for prosecuting labor contract disputes:

1, prepare for civil litigation;

2, to the people's court with jurisdiction, and submit relevant evidence;

3. Attend and participate in litigation activities on time according to the notice of the people's court;

4. Anyone who refuses to accept the judgment or ruling of first instance shall appeal to the people's court that originally tried or the people's court at the next higher level within 15 days after receiving the judgment or 10 days after receiving the ruling, and submit an appeal.

Materials to be prepared for prosecuting labor contract disputes:

1, one copy of the indictment, one copy according to the number of defendants. Both the original and the copy of the indictment must be provided with the original. If the plaintiff is an individual, he must personally sign the ticket holder column. If the plaintiff is a unit, it shall be signed by the legal representative (or person in charge) and stamped with the official seal of the unit.

2, the main evidence materials, and provide copies (copies) according to the number of defendants;

3, the identity of the original and the defendant;

4. If another person is entrusted to represent the lawsuit, submit 1 copy of the power of attorney with clear authorization and the ID card of the trustee, and provide the original for inspection.

5. If a lawyer is entrusted to represent the lawsuit, a clearly authorized power of attorney and a copy of the certificate, letter and lawyer's card of the entrusted law firm shall be submitted.

To sum up, buyout of the length of service is the termination of the labor contract, which refers to the legal act that one or both parties to the labor contract terminate the labor relationship in advance for some reason after the labor contract is concluded but before it is fully fulfilled.

Legal basis:

Article 47 of People's Republic of China (PRC) Labor Contract Law

The economic compensation shall be paid according to the standard of one month's salary for each full year of the employee's working years in the 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.