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The core objectives of the study were to identify the perceptions of library professionals about faculty status and to know the job and upgradation criteria for the faculty members of library sciences at college level. To meet the objectives, the study used a qualitative research approach and the survey method based on the interviews. Purposive sampling technique was used. The participants belonged to 29 Government sector colleges of Karachi, Hyderabad, and Sukkur divisions and working as chief or senior librarian. Twenty-two M.Phil. and PhD enrolled students were interviewed. The study reported that librarians can receive benefits as teachers were received, librarians might be designated teaching ranks rather than managerial ranks, faculty rank legally requires librarians to use the faculty title, privileges, and job, advancement, and duties terms and conditions if they get faculty status. The study highlighted major benefits of faculty status for librarians including compensation, job satisfaction, honor-ship, improve the quantity and quality in research published by librarians. The majority of participants preferred the teaching faculty designations but significant number of participants backed the technical designations currently in use in Pakistan for librarians. However, some of the participants were supported dual designations for faculty librarians.