This report, using data from the 1992-93 National Study of Postsecondary Faculty, examines differences among postsecondary faculty by gender and by race/ethnicity. Comparisons were made on several human capital variables (education/experience) and structural variables (academic discipline/institution type), as well as for faculty outcomes (salary/tenure/rank). A multivariate analysis of factors associated with salary was also conducted. The study found differences between male and female faculty members in salary and rank, with female full-time faculty averaging lower salaries than males. Age, education, and experience also differed by gender, with female full-time faculty having lower educational levels and less experience than male faculty. Differences among racial/ethnic groups were also noted: white faculty generally had higher salaries and were more likely to be tenured and to be full professors than black faculty; and Black, non-Hispanic full-time faculty were less likely than white, non-Hispanic faculty to have higher salaries, tenure, and full professorships. Sections include an introduction, which notes prior research on the determinants of faculty salary, tenure, and rank, and methodology; sections examining representation of faculty by gender and by race/ethnicity; a section on the multivariate analysis; and a conclusion. Appended are technical notes, standard error tables, and additional data. (Contains 44 references.) (CH)