That's certainly not normal. Does it happen for a minimal project too, or is is it specific to your project?
What could cause delays are
- slow licensing checks (but probably not in your case, as the compiler is fast)
- using file locations with high latency (slow network drives or similar, or having a path (e.g. for a library) which is not accessible
- firewalls or virus scanners
It might be interesting if any linker operation in interactive mode (launch the linker executable in the prog directory from the Explorer) is slow too. Check if the 'get license info' in the about box is slow too.
I hope this helps,
Erich