The "Technical Appendix" at the back of Dragon's Egg is very detailed in the description of the neutron star, the cheela, the Dragon Slayer's orbit, and everything else about the expedition.
The neutron star itself has half a solar mass (approximately 1e30 kg), a diameter of 10km and rotates every 0.1993s. A gravitational time dilation calculator says that tau on the surface would be approximately 1.083, and the rotational velocity (315 km/s) contributes no significant additional time dilation
The Dragon Slayer in turn is orbiting Dragon's Egg in a synchronous orbit at an altitude of 406km. It orbits every 0.1993s (the rotational speed of Dragon's Egg) or 5.018 orbits/s. The radius of Dragon's Egg is 10km, so the Slayer travels 416 * 2 * π * 5.018 = 13 116 km/s (4.375% c), which only gives a velocity time dilation of 1.00096. (Less than 1 in 1000.) The Egg has 0.5 solar masses, which at a distance of 416km gives a gravity time dilation of 1.00178, slightly less than twice the velocity time dilation.
I'm not sure these results can be added together, but in any event the total time dilation experienced by the crew on the Slayer will be less than half a percent. Over the course of the 8-day mission (which is cut short in any event) they would experience no more than an hour's difference from the crew on the St. George.
The cheela are a completely different story. Per the appendix, the Cheela live and experience time approximately a million times faster than we do.
The atomic nuclei that make up the cheela do not have captive electron clouds to keep them isolated from each other, but instead share a "sea" of free electrons. Because of the resulting close proximity of the nuclei, it is as easy for cheela nuclei to exchange neutrons as it is for human atoms to exchange electrons. The nuclei couple into "nuclear bonded molecules" by neutron exchange. Since the cheela use nuclear coupling instead of molecular coupling in their bodies, their rate of living is about one million times that of humans.
Dragon's Egg, "Technical Appendix"
Note that this has nothing to do with relativistic time dilation. It is purely because instead of (slow) chemical reactions, their bodies/metabolisms operate on strong nuclear reactions. So even if tau (on the surface of their star) is 1.083, it makes effectively no difference in how fast they experience time.