The understanding and reasonable compensation of the recessive losses of the resettlement during the early stage of project construction is conducive to safeguarding the legitimate rights and interests of the resettlement and ensuring the smooth development of the resettlement work. Combined with the production and living conditions of the resettlement of G reservoir in Zhejiang Province before relocation, the recessive losses of the resettlement are classified into losses of productivity, losses of living, losses of the right to development and losses of mental anguish and are discussed. Some suggestions are put forward as follows: scientific planning of resettlement areas, reasonable formulation of compensation standards, setup of ecological compensation fund, proper treatment of the remaining land assets in the reservoir areas, and attention paid to the care of the resettlement.