According to Sustainable Plant Magazine, there is a growing trend among the manufacturing industry, Being Safe = Being Productive. And you can actually quantify it. 

"Manufacturing historically has viewed implementation of safety practices as punitive actions or compliance activities. Today, safety represents opportunity to gain a competitive edge. For best-in-class manufacturers, the combination of global safety standards, advanced safety technologies and innovative design approaches are turning safety into a core function that delivers significant business and economic value. This includes financial returns beyond the benefits of reducing costs associated with incidents and medical expenses."

For more information, read the entire article on their website:

http://www.sustainableplant.com/2011/10/quantifying-the-connection-between-safety-and-productivity/?show=all

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