What to pay when on stand by

Hi everyone,
As our company has grown over the years we now need our engineering team to carry out call out duties for machine break downs etc. Can anyone share with me how much they pay employees for being on call out.
Our employees are required to be on call after their working hours and at weekends. We do this on a rota with them expected to do 1 in 5 weeks call out. At present we pay them a call out payment and double time for the hours that they do when called out. We now have an issue where stand by payment has been mentioned. Does anyone else pay stand by payments?
As always, any advice welcome
Marie
marie smith

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