No, it is not always required.
If you are looking to achieve consistent results, just do the same thing for the same times, either with a water bath or stop bath. I would not let film or prints sit in a water bath, or stop for that matter, more than a minute.
As part of my printing process, I use a combination of developer with a water bath before going into the stop. The water bath is used to achieve a compensating action, stoping development in the dark areas while allowing the highlights to continue developing.