In Australia they accrue, and I have mixed feelings about that. It’s good in the sense that you can do like the OP and save up for like a 3 month vacation, on the other hand, you’ll end up overworking yourself before you get there.
However, some (all?) states give the employer the right to force you to use them if you build up too many days.
Source: had to deal with a guy on a team I inherited that had built up a bank of 63 weeks (annual plus long service). He did not want to be forced to take them. He politely reminded him that by law they can, so we worked out a payment plan where he took 3 months off a year to catch up. He will celebrate 40 years at the company in a few months.
63 weeks!!! That’s wild!
Not to be a Debbie Downer about it, but I’d honestly be bricking it that the company goes bust in the interim, and that accruement would be for fuck all.
