What is Russian Classification of Occupations in SAP PY-RU - Russia?

SAP Term: Russian Classification of Occupations

• Component: PY-RU

• Component Name: Russia

• Description: An official and standardized categorization of professions defined by n authorities. This classification contains the hierarchical structure of various occupations, such as executives, specialists, industrial workers, teachers, and doctors.

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• Key Concepts: 
  The Russian Classification of Occupations (RCO) is a system used by the Russian government to classify and categorize occupations. It is used to determine the qualifications and skills required for a particular job, as well as the wages and benefits associated with it. The RCO is also used to identify the educational requirements for certain occupations. 
  
  How to use it: 
  The RCO is used by employers in Russia to determine the qualifications and skills required for a particular job. It is also used by educational institutions to determine the educational requirements for certain occupations. The RCO is also used by the government to determine wages and benefits associated with certain occupations. 
  
  Tips & Tricks: 
  When using the RCO, it is important to be aware of the different categories and subcategories that are included in the system. This will help you better understand the qualifications and skills required for a particular job, as well as the wages and benefits associated with it. 
  
  Related Information: 
  The RCO is part of SAP's PY-RU Russia component, which provides payroll functionality for Russia. This component includes features such as tax calculation, wage types, and other payroll-related functions. It also includes features related to the Russian Classification of Occupations, such as job classification and wage determination.