That's the way to go. On-call is bearable if you get paid for it. As a contractor who charged by the hour I was perfectly fine with sitting in useless meetings

That's the way to go. On-call is bearable if you get paid for it. As a contractor who charged by the hour I was perfectly fine with sitting in useless meetings or fixing things at night that weren't even my fault. Doing this without extra compensation is just not OK.