In my experience, the compile process usually consists of "cargo build"
A advantage of Rust is that usually you spend way less time debugging, because the compiler prevents many mistakes from compiling in the first place.
Regarding compile times, Rust has a different approach. Instead of a fast cycle of run and see if it broke, it's more of following compiler nags until the program is correct and runs on the first try. Incremental (cached) compile times aren't too bad these days.
Needless to say I didn't restrict myself to pass-by-value (compatible -> structs with ptrs are problematic as well) style, which seems quite restrictive