is it compulsory to analyze cost-benefit analysis for the salaries wrt to performance and market pay? how beneficial it is. For comp and performance reports, what metrics should be considered

Comp n benefit analysis is a trend report which ideally works as a catalyst for cnb analyst to draw certain trends. Ideally metrics used is revenue ratio to payroll

@Nirzari Sen is this the formula Cost = Market pay rate * Employee performance Benefit = Salary pay range * (1 - Employee performance) Net Benefit = Benefit - Cost

This is a very technical ask , untill you don't have clarity on performance rating of every employee this will not yield you right result.