Most people doing software are salaried, not hourly, so this doesn't really apply very cleanly.
Would you rather get paid $100k and be paid extra for oncall, or $350k and not be compensated for oncall? That's the real comparison that's being made, and why people consistently choose the FAANGs where on-call is an expectation -- the extra on call pay isn't going to make up for the big gap in total comp.
Would you rather get paid $100k and be paid extra for oncall, or $350k and not be compensated for oncall? That's the real comparison that's being made, and why people consistently choose the FAANGs where on-call is an expectation -- the extra on call pay isn't going to make up for the big gap in total comp.