ask for a 15-20% addition in remuneration, for renewal of contract, hope the management will climb down to discuss and negotiate the terms with fresh set of terms.
nobody can force the employee to renew such contracts with force,
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views using the reply box below. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone.