I don't often want to be on-call, but when I do, it goes like this My team managed to get paid for oncall that we had set up with a number of false positives,

I don't often want to be on-call, but when I do, it goes like this My team managed to get paid for oncall that we had set up with a number of false positives, click-to-fix alerts, "override if slightly above threshold", rules for not paging outside of work hours, and whatnot that makes it bearable. That extra compensation is at 1/3 of hourly rate, so effectively it is like paying for working during weekends (1/3 * 24h = 8h) and some smaller bonus for weekdays. Perhaps it might make up for the pandemic inflation