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This is such an odd restriction for IT staff. Normally HR gives you a form to sign agreeing to working remotely sometimes and having company data on your phone because you know, servers are meant to stay on all the time? It must be nice living in a world where nothing bad happens after hours.
On the other extreme, 24/7 operations have redundancy.
A friend of mine explained that being an Emergency Medicine physician is a great job for work life balance, despite the fact that he often has to work ridiculous shifts, because he never has to take any work home with him. An Emergency Room is a 24/7 operation, so whenever he's at home, some other doctor is responsible for whatever happens. So he gets to relax and never think about work when he's not at work and not on call.
In a sane world, they give you a company phone when you are on reserve duty and they agree to pay compensation for being on reserve. Why would you agree to work for free?