GS Trading Vs JPM/MS Sales

Based on the most helpful WSO content, here are some insights:

1. Compensation Comparison:

   • Goldman Sachs (GS): Historically, GS has been known for inconsistent pay. There are years where they might underpay (75-100% of base) and other years where they might pay significantly more (up to 200% of base). This inconsistency can be a factor to consider if you're looking for stable high bonuses.
   • JPMorgan (JPM) and Morgan Stanley (MS): While specific compensation details for sales roles at JPM/MS aren't provided, it's important to note that bonuses can vary significantly depending on the desk and performance.

2. Role Satisfaction:

   • If you enjoy your current sales role, it's worth considering how much you value job satisfaction versus potential compensation changes. Trading might be more interesting to you, but it also comes with its own set of challenges and a different work environment.

3. Career Growth:

   • Moving to a trading role at GS could offer different career growth opportunities compared to staying in sales at JPM/MS. Consider where you see your career in the long term and which role aligns better with your goals.

4. Market Conditions:

   • The financial markets and the performance of specific desks can greatly influence bonuses. It's worth researching the current performance of the trading desk at GS and comparing it to your current sales desk.

In summary, while GS trading might offer a different and potentially more interesting role, the compensation can be inconsistent. If your current sales desk at JPM/MS offers high bonuses and you enjoy the work, it might be worth staying. However, if you're looking for a new challenge and potential growth in trading, GS could be a good move despite the potential for variable compensation.

Sources: Does GS blow for post-MBA associates now?, Bonus Season - Comps, GS Operations role, should I take it if I want to be a trader?!, What would you take over GS Classic?, Bad team culture: A vent