My approach has been to request ownership before agreeing to be on call.
If I'm going to be responsible for what I build at all times, then I'm going to be compensated for what it's earning at all times.
That means options, stock, or profit sharing (with a large preference for stock).
Otherwise I feel like this relationship is strictly abusive.
Alternatively, my contracting rate is 150 an hour. I'll agree to work up to 70 hours a week, but everything after 50 is compensated hourly. On call counts, regardless of whether I actually get pinged.
If I'm going to be responsible for what I build at all times, then I'm going to be compensated for what it's earning at all times.
That means options, stock, or profit sharing (with a large preference for stock).
Otherwise I feel like this relationship is strictly abusive.
Alternatively, my contracting rate is 150 an hour. I'll agree to work up to 70 hours a week, but everything after 50 is compensated hourly. On call counts, regardless of whether I actually get pinged.