Another citywide initiative is the Classification and Compensation Reform Project. In October 2009, the District launched the “Project Cornerstone,” the initiative to reform the District’s Compensation and Classification systems as required by law. The purpose of the project is to replace the District’s current classification system, which was created in 1949, with a completely new and modern system that supports the District’s strategic goal to recruit, manage and retain talented employees. The new system will be easy to administer, be flexible to accommodate changes in jobs and new classifications, and provide for a modernized pay system that reflects human resources best practices. In addition, the new system will (1) provide job clarity across agencies, (2) identify career paths that help employees’ careers progress within the District government (3) automatically create a seamless link to the existing PeopleSoft modules that administer recruitment and performance management and (4) effectively administer overall workforce development and management.