From my experience its pritty cut throat. There are no set working hours its just a dead line to get that job done by. Which could some times work out at 18 hour days straight to get it completed.
You have places like India and China which are really driving the pay down and expected hours to meet dead line to get worse.
I got out of it 8 years ago so I imagin its only worse now.
SLI Voodoo 2 - > GeForce4 MX 420 -> GF 6600GT -> GF 6800GT -> GF 8800Ultra -> AMD 4870 -> AMD 4890 -> CF AMD 5820 -> CF AMD 6850 -> CF AMD 7970 -> SLI GF 680 -> SLI GF 780 -> CF AMD 290X -> GF 980ti -> SLI GF 980ti -> GF 1080ti -> SLI GF 1080ti -> <- RTX 2080ti (DOA/Refunded)