The Faculty Compensation Survey is conducted annually by the American Association of University Professors. It is the largest independent source of data on both full-time and part-time faculty salaries and benefits. The survey is open to both two- and four-year United States colleges and universities. The study collects data on more than 375,000 faculty members from over 1,000 institutions, representing all 50 states and Puerto Rico.

The survey collects data on both salary and benefit information by gender and by faculty rank -- professor, associate, assistant, instructor, lecturer, and faculty without a rank. Benefit information includes data on retirement, medical, dental, disability, tuition, FICA, unemployment, group life, and worker's compensation. Additionally, the survey asks about compensation information for senior administrators, as well as part-time faculty members and graduate teaching assistants.