King's Federation International was incorporated on 26th Dec. 2013 and became operational from February 2014.
The King's group’s core purpose is to improve the quality of life of the communities it serves globally, through long-term stakeholder value creation.
Founded by Nikhil Chandra Rana in 2013, the King's group is a global enterprise headquartered in India, and comprises over 2 operating companies in four business sectors: real estate, communications and information technology, international and domestic tourism and motor dealership. King's companies have operations in more than 8 states in India and 4 countries across India, United kingdom, Italy and Australia.
Keeping in view the expansion and future requirements of the people, following company rules will be applicable from 22nd March,2014.
It is expected that all employees will follow the company rules and regulation and must maintain highest standard, absolute integrity and devotion to duty.
2. Office hours Working hours for all employees of King's Federation International are Monday to Friday, 9:00 am. – 6:00 pm and On all Saturday will be a half day, and Sunday and Gazetted holidays, office will remain closed. Lunch break will be between 1.30 pm – 2.00 pm.
All employees are expected to be punctual and start work on time. After 9.35 am it would be marked as late. For every three late marks, half day Leave would be deducted.
3. Public Holidays The company grants 10 holidays to its employees in a year coinciding with different religious and important days of the country. Details will be conveyed to all employees in the beginning of new calendar year and will be effective from Jan. 1 every year.
Accounting and financial year of the company will be from April 1 to March 31 of next year.
4. LEAVE
Company permits its employees to take leaves for various reasons, subject to business exigencies, as per the following details:
Category and limits of leave is as under:
Leave without pay will be at the discretion of the company and maternity leave will be applicable if an employee has completed at least one year of service.
Leave year for all types of leave will be applicable to the financial year of the company.
Leaves should be sanctioned prior to the day an employee proceeds on leave or immediately when he/she joins the duty by filling the form available Annexure - 4.
Leaves becomes due to an employee only after completion of probation Period. Any leave beyond 2/3 days should be sanctioned at least one week before proceeding on the leaves.
If any employee goes out of the station to avail his/her leave, contact details should be furnished in the leave application to his/her specific department/Admin. Deptt.
Employee going on leave without intimation will be considered to be absent without pay/duty and can be terminated from his/her services, in case of prolonged absence.
PL can be accumulated up to max. of 60 days by all employees.
In case of transfer employee is entitled for 7 days of leave only.
5. About Payment
In the tourism department, employee will be getting the payment after the final payment from school/college/educational institution arrives. Before getting the tour finalized, he/she will not be claiming for the salary.
In the Technical department, employee will be getting payment on the basis of number of deals, he/she will be bringing to the company.
6. Travel Rules
After return to the base station, all employees should
submit their tour bill and tour report within 3 days of completion of their tour. An employee not submitting his tour report and bill will not
be allowed to proceed on next tour within 3 days.
7. Foreign Tour
All foreign tours will be subject to the approval by MD/Director of the company as actuals for all levels. Company will reimburse hotel and actual transport expenses and out of pocket expenses will be payable for food, laundry, telephone etc. at the discretion of the management depending on the visit of touring country.
8. Business Promotion
Expenses incurred by the employee during business meetings should be duly approved by the HOD of the company at the discretion of the management.
9. Retirement
Retirement agefor all employees will be 60 years but management can reappoint any employee for further period at the discretion of the company.
10. EXIT AND FULL AND FINAL SETTLEMENT
If any employee wishes to leave the organisation he should
submit his resignation letter duly approved by his HOD and complete
all formalities. He must return all the company assets to authorised representative
/ HOD / Admin Deptt.
And complete the exit interview with HR / MD of the company. Once the above
mentioned formalities are completed, his/her
account will be settled.
Any act of indiscipline / misconduct / holding the company to ransom / creating
union / any misconduct / hooliganism / unprofessional behaviour in the
organisation cannot be tolerated by the company and can attract termination and
immediate dismissal without any notice, costs or benefits.