AQ Studies:
SunTrust

ALL VALIDATION STUDIES
  • Sample
    251 people

Overview

This study assessed the relationship between AQ and performance at SunTrust — specifically, the validity of AQ in predicting the financial performance of individual branch managers and bank branches. This study therefore quantified the correlation between AQ, AQ dimensions (CORE), and the performance statistics used with SunTrust in-store banking.

Performance appraisals and financial information were provided to PEAK for the SunTrust In-Store Banking division. The confidential data was analyzed by an independent statistician, who considered overall AQ, AQ dimensions (CORE), talent ratings, job classification, length of time in the current position, and various demographic variables, as well as the financial performance indicators for each branch.

Results

Correlation: There is a statistically significant correlation between AQ and performance at SunTrust.

Branch Performance: There is a statistically significant correlation between AQ and financial performance of SunTrust’s individual branches or stores. Branch managers with AQs in the top decile were 81 percent more likely to have top-performing branches (those in the top 20 percent of all branches on profitability and growth). Those with AQs in the bottom decile were 76 percent more likely to have a bottom-performing branch (those in the bottom 20 percent on profitability and growth). According to SunTrust, AQ was the only factor that proved statistically significant in predicting the financial performance of the branch.

SunTrust AQ: This sample of individuals had a lower AQ than the U.S. and international means on AQ.

Overall AQ: The top half of the respondents had an AQ score of 156.3 compared to a score of 134.3 in the bottom half.

Performance: Because AQ correlates with performance, there is a significant difference of talent rating between the top half and bottom half of AQ (2.7 versus 2.9).

Reach: The strongest correlation between talent rating and AQ was within the Reach dimension.

Adverse Impact: For version 6.0 of the AQ Profile (the “Adversity Response Profile™”) this analysis showed no “adverse impact” for specific groups such as ethnicity, age, gender, etc.

Retention: Past research reveals AQ as a predictor of employee turnover. Individuals with higher AQs are more likely to stick it out and remain engaged, even under stressful circumstances. Lower-AQ people are more likely to become disengaged and/or quit. Extending studies of this kind longitudinally can confirm this trend in specific organizations like SunTrust. There was no correlation between AQ and age.

Statistics

Table 1: Average AQ vs. Job Type

Job TypeAverage AQ*
Cluster Managers165.3
Managers147.5
Assistant Managers145.8
FSRs143.8

*Version 6.0 of the AQ Profile had a mean of 147.5. The mean, range, median, and mode differ on the current version, 8.1. The two versions should not be directly or statistically compared.

Table 2: Overall SunTrust Summary

MeansSunTrustRangeU.S. NationalInternational
AQ145.1Moderate147.3146.5
C34.92Mid38.337.5
O37.93Mid40.040.5
R38.84Mid40.036.0
E33.7Mid32.032.5

Table 3: Distribution of AQ Scores (Range = 106–183)

ParticipantsPercent of TotalScoreRange
3313129 or belowModerately Low
19678130–164Moderate
229165–184Moderately High
00185–200High

The SunTrust participant scores were below the means on two CORE dimensions and overall AQ when compared to U.S. and International scores.

Table 4: AQ Score Comparisons for Sales-Related Jobs

MeansTotal Sales-Related AveragesRangeSunTrust Averages
AQ153.50Moderate145.1
C40.10Mid34.92
O41.34Mid37.93
R38.36Mid38.84
E33.70Mid33.7

Results

Correlation: There is a statistically significant correlation between AQ and performance at SunTrust.

Branch Performance: There is a statistically significant correlation between AQ and financial performance of SunTrust’s individual branches or stores. Branch managers with AQs in the top decile were 81 percent more likely to have top-performing branches (those in the top 20 percent of all branches on profitability and growth). Those with AQs in the bottom decile were 76 percent more likely to have a bottom-performing branch (those in the bottom 20 percent on profitability and growth). According to SunTrust, AQ was the only factor that proved statistically significant in predicting the financial performance of the branch.

SunTrust AQ: This sample of individuals had a lower AQ than the U.S. and international means on AQ.

Overall AQ: The top half of the respondents had an AQ score of 156.3 compared to a score of 134.3 in the bottom half.

Performance: Because AQ correlates with performance, there is a significant difference of talent rating between the top half and bottom half of AQ (2.7 versus 2.9).

Reach: The strongest correlation between talent rating and AQ was within the Reach dimension.

Adverse Impact: For version 6.0 of the AQ Profile (the “Adversity Response Profile™”) this analysis showed no “adverse impact” for specific groups such as ethnicity, age, gender, etc.

Retention: Past research reveals AQ as a predictor of employee turnover. Individuals with higher AQs are more likely to stick it out and remain engaged, even under stressful circumstances. Lower-AQ people are more likely to become disengaged and/or quit. Extending studies of this kind longitudinally can confirm this trend in specific organizations like SunTrust. There was no correlation between AQ and age.

Statistics

Table 1: Average AQ vs. Job Type

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Job TypeAverage AQ*
Cluster Managers165.3
Managers147.5
Assistant Managers145.8
FSRs143.8

*Version 6.0 of the AQ Profile had a mean of 147.5. The mean, range, median, and mode differ on the current version, 8.1. The two versions should not be directly or statistically compared.

Table 2: Overall SunTrust Summary

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MeansSunTrustRangeU.S. NationalInternational
AQ145.1Moderate147.3146.5
C34.92Mid38.337.5
O37.93Mid40.040.5
R38.84Mid40.036.0
E33.7Mid32.032.5

Table 3: Distribution of AQ Scores (Range = 106–183)

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ParticipantsPercent of TotalScoreRange
3313129 or belowModerately Low
19678130–164Moderate
229165–184Moderately High
00185–200High

The SunTrust participant scores were below the means on two CORE dimensions and overall AQ when compared to U.S. and International scores.

Table 4: AQ Score Comparisons for Sales-Related Jobs

  • Swipe right to see more

MeansTotal Sales-Related AveragesRangeSunTrust Averages
AQ153.50Moderate145.1
C40.10Mid34.92
O41.34Mid37.93
R38.36Mid38.84
E33.70Mid33.7