With the rising awareness of green sustainable development, waste electrical and electronic products (WEEE) resource processing has become a hot issue. Establishing an ecological compensation mechanism is of important to solve the current difficulties in constructing WEEE resource processing. WEEE resource ecological compensations beneficial to alleviate the pressure of WEEE on ecological environment and promote sustainable and coordinated development of WEEE supply chain. The paper aims to improve the ecological compensation system by systematically combing ecological compensation theory and practical experience of ecological compensation mechanism. Taking Shandong Province as an example, WEEE resource ecological compensation mechanism framework from the aspects of compensation subject, compensation object, compensation method and compensation standard is constructed. The guarantee measures for constructing WEEE resource ecological compensation mechanism in Shandong Province are also proposed