A survey of librarians in LIBRAS, a consortium comprising 16 Chicago-area liberal arts college libraries, tested two hypotheses: (1) the salary level of the group with faculty status is significantly greater than that of the group without faculty status; and (2) there is a statistically significant correlation between the amount of professional experience (expressed in months) gained by librarians, and the salary level. Returns were received from 44 librarians, representing 79% of the total. For both faculty status and longevity, the correlations with salaries are significant but not strong, though the two variables operate independently. Both hypotheses are supported but not proven. The coefficients of determination suggest that other factors play an important role in the determination of salaries. Areas for further study might include analyses of gender, school size, and tuition level. Eight references are listed. (MES)