At my BigCo, I am working maybe slightly more than 40 hours/week on average, and mainly due to unfortunate circumstances. Otherwise it’s pretty relaxed - I did mostly 5-6 hour days last week for example, and that includes meetings where I had to take company shuttles to get around to a different building.
Also for comp, keep in mind that he is getting that sort of comp with two years of experience - I have met people with even less experience getting similar numbers (I know one with less experience with non-technical degree making even more). If you have the right experience/background, you can get such compensation. Just imagine what the comp is like when these people get experience under their belt at the big companies.