The invention provides a method for recycling nickel-plated sintered NdFeB waste. The method includes the steps that a material is smashed into powder with the grain size below 3mm, the powder is sieved in a sealed nitrogen tank to remove most of flaky things of a nickel-plated layer, rare earth hydride is added in the sieved powder, the mixture is stirred evenly, the powder is made into 3-5-micrometer fine powder through a jet mill, the appropriate powder is taken to be formed in a compression mode, a sample is sintered to perform performance test, 0-60% by weight of powder of a related trade mark is added according to sample testing results and product performance requirements, the mixture is stirred evenly, and the qualified powder is formed in a compression mode and sintered into NdFeB magnets. For recycling of the nickel-plated sintered NdFeB waste, nickel-plated sintered NdFeB waste does not need to be roasted or remelted, sieving is performed after the smashing process, the rare earth hydride is added for powder manufacturing, the sample is trial-manufactured firstly to test the performance of the powder, a certain amount of powder of the related trade mark is added according to the performance requirements of products to be manufactured, and various sintered NdFeB products meeting the different performance requirements can be manufactured. The technological process is simple, the utilization rate of the NdFeB material and the utilization rate of the rear earth material are improved, and energy conservation and environment protection are also facilitated.