Businesses too have learned that their once-generous travel budgets contained plenty of slack.
But it says the lawyer administering the compensation fund is misinterpreting the terms of the agreement and making pay-outs that are too generous.
Scottish Conservative MSP Murdo Fraser said the efficiency savings were necessary, but he said it was vital that public sector pay-offs were not too generous.
BBC: Call for 'value for money' Scottish public sector pay-offs
In general, the goodies have come less in the form of pay rises (too visible), than in over-generous pensions and health care, early retirement and the sort of restrictive practices that were chased out of the private sector years ago.
And they argue that simplistic comparisons with other electricity sources are unfair: fossil-fuel plants pay too little for their planet-warming carbon emissions, while renewables benefit from generous subsidies.
ECONOMIST: Nuclear energy is unlikely to work without a carbon tax
Such numbers might be too big even for the relatively generous wiggle-room offered in the Maastricht treaty.
On the other hand, simply bailing-out badly run companies would have been too generous.
ECONOMIST: Barack Obama��s economic record: End-of-term report | The
Once out of work, German workers have little incentive to seek new jobs: jobless benefits are over-generous and income-tax rates are far too high.
The problem is that this REIT (nyse: HCN - news - people ) and many like it are too generous with dividends.
As you noted, price fluctuations occur in the European cap-and-trade system because the initial allocation of credits was too generous, rather than any inherent price volatility in carbon markets.
Norway, too, has cut the duration of unemployment benefits (to a still-generous three years).
The money raised from Qatar and Abu Dhabi was controversial, because some of Barclays' other investors felt that the middle-eastern investors were offered terms for their investments that were too generous.
One reason why Switzerland ranks at the top is that income taxes there are relatively low, at only 25% for Zurich and 30% for Geneva. (Switzerland's different regions, or cantons, also have varying tax rates.) While it's nice to have a generous employer, it helps to have a laid-back government too.
Similarly, private-equity firms took on too much debt during the credit bubble, when it was available on absurdly generous terms, and are now having to make value-destroying cuts at many of the companies in their portfolios as a result.
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