Paid time off accumulation

Does anyone have a policy which allows accumulation of any paid time from year to year? Our CEO has asked for research on the common practices. We are a manufacturer.

I know some school districts allow for sick leave accumulation to a maximum benefit. We have a policy that allows employees who have been with the company over 10 years to rollover 40 or less hours per year to a maximum of 160 hours. These hours are available at any time and are paid out at termination of employment.

I appreciate any information or help you can give me. Thanks. M.

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