Export oriented readymade garment (RMG) industry of Bangladesh has flourished at a rapid pace utilising elastic supply of cheap female labour. Despite its grand success and world recognition, this industry encounters criticism for not maintaining minimum safety standard within factories. Industrial hazards are frequent in this sector, often ending the lives of workers and making the survivors and dependent family members vulnerable. Taking Rana Plaza disaster as a case study, this article illustrates how the RMG workers are compensated for the loss of their lives and livelihoods and how much progress has been made until April 2016 to ensure workplace safety in the RMG sector.