I never worked in the industry, so unfortunately I don’t have a basis for comparison. But in our case (academia in Sweden) I’d say it is certainly not because of lack of safety. If anything, one of my assumptions is that it’s actually the opposite. Since we’re not being judged by merit (at least not in any significance way for better or worse), and there is no easy way to get paid more for extra time or better outcomes, people will inflate their mediocre results to find a way to work less with the same pay.