This paper evaluates the competitiveness of Ashland University (Ohio) faculty salaries and the degree of compression present in those salaries.. Based on the results of an academic year 1992-1993 evaluation of competitiveness and compression, a program was designed and implemented to increase salary levels of Ashland University faculty and at the same time reduced the degree of compression. This paper examines 1999-2000 academic year salary levels with respect to competitiveness and degree of compression six years after the original program's implementation. Two multiple regression analysis techniques were used to assess the degree of compression in the current salary structure; results indicate no salary compression in 1999-2000 faculty salaries. Average faculty salaries for the various academic ranks within the several colleges in the university system were, however, below the corresponding average salaries of comparable universities. Based on these results, a new program designed to increase the competitive levels of faculty salaries at Ashland University is being considered by the university's administration. (Contains 12 references.) (SM)