Having recently represented their colleagues in discussions with the administration of their institution, Saint Anselm College, about faculty compensation, the authors of this paper decided to compile a guide for other professors at similar institutions--small, private liberal arts colleges--who may be called on to negotiate salary packages without the benefit of collective bargaining status. The authors share their recommendations for developing a reasonable and fair compensation package acceptable to both faculty members and administrators, and recommend several additional resources that may be of further assistance.