Has anyone ever asked their current employer to match a new job offer’s pay, have the employer decline a match, and ended up staying at their current job instead of taking the new job? I’m just weighing out my options. Work/life balance at my current job might be more valuable than the increase. I’m not sure yet.
Looking for actual examples of this occurring not comments about why it’s discouraged. I’m well aware.

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I’ve never had a company counter offer. I think it’s often frowned upon in the HR community to do so bc when companies have, some employees have continued this practice year over year as a means to get more money. However, I can say if there was an instance where I did this and they countered with a better offer, I would have stayed. I like dealing with the devil I know as it relates to work life balance, culture, and temperament. Which we all know our bosses temperament can make or break your ability to be successful and enjoy your work and hiring managers never show you the side of them that will break it during the interview process.

I also just realized I read your comment wrong. You said your company already declined to match. So in my case as a single mom, if I was looking or allowed myself to be recruited it’s bc I needed more money and my company wasn’t offering that or something else was going on at my present employer that i wasn’t thrilled about. However, if I didn’t have either of these two motives I would stay, reference the devil I know metaphor from previous reply.
That said though, if monetarily you’re not making what you need to where you are, moving is likely your only option. In my mind, when everything is fine where I am, I still speak to recruiters when they reach out, I still keep an eye on the job market, I still interview. However, I only make a jump for 20% bump in salary and that’s take home, so after I’ve paid for benefits, plus fully remote

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