Live Coding Compile on Blank Project is taking over 2 minutes

As the title states, I’m having issues with my live coding compile times for some reason. In the past, I’ve had small projects where the live compile only took a few seconds, but now, when I make a new project, the compiling takes a significant amount of time, not really allowing me to make iterations.

Do any of you have any idea why this is?

Specs: 32 GB Ram, i7 9700k, on an SSD

Also, one other question, when working on a project with other people using revision what should I do or have them do to have a compiled version of it? No one else will be working in C++, and I don’t necessarily want to set up UE5 for C++ on their systems.