The document outlines a project charter for revamping an employee compensation and benefits package. It includes an introduction describing the purpose of a project charter. The situation analysis notes the company wants to overhaul its current package to increase productivity and competitiveness. The purpose is to design a new package that recognizes employee efforts and supports company values/priorities. A work breakdown structure with timelines is provided to guide execution. The communication plan, risks, and an example of a potential new package are also summarized.