Retention offers: yeah. I've been given retention offers twice, and the second time round I explicitly said "I don't want money, I want you to change the way this team and product is managed, like the previous times we discussed this, but that's not going to happen, is it?"

I ended up getting much more money, less responsibility, a nicer less open plan office, and a less dysfunctional process.

Risk: yes, sometimes you just have to go full Light Brigade and charge the guns. Generally the worst possible consequence is you lose your job and everyone forgets it, but be aware that sometimes the consequences are worse and your chances of landing on your feet depend on your privilege level. You have no right to judge people who don't do this.