The engineers at the organization I just departed (at least the ones in the support rotation which did not include me) got paid in both money and extra time off for their time spent on support tasks.
What I want is to run an engineering organization as if you should never have to call us. And if you do you either get chewed out for making a frivolous call, or we’re falling all over ourselves because that thing that is happening should definitely not be happening and we’ll be looking at how to keep that from ever happening again, again.
I've also seen folks spotted extra time off for really gnarly oncall shifts. Folks should push to have such accommodations standardized.