The government and the British Medical Association (BMA) have reached an agreement to put a new pay offer for junior doctors to members.
The BMA will recommend members accept the offer which could end 15 months of strike action.
If accepted, this offer will deliver an additional pay rise of between 3.71 per cent and 5.05 per cent, averaging 4.05 per cent, on top of their existing pay award for 2023 to 2024.
UNISON general secretary Christina McAnea said: “The NHS cannot begin to turn around its fortunes and eliminate delays unless it keeps the staff it has, and is an attractive career destination for potential recruits too. Pay and investment in the workforce is key to all that.
“This year’s wage increase is already more than a quarter of a year late. NHS staff will be pleased ministers haven’t made them wait any longer."
She added that the pay rise cannot "be a one-off" and that "it’ll take much more than this boost to get the NHS into a better place."
The general secretary of the UK's largest union said: “Patients are treated by one team in the NHS and everyone’s contribution is crucial and must be fairly valued, whether they’re doctors, cleaners, nurses, ambulance workers, porters or hospital admissions teams. The health and success of the NHS depends on each and every one of them.
“The public knows that without sufficient staff, the NHS won’t be able to deliver when they or their families need its care."
The government will also accept the recommendations of the Review Body on Doctors’ and Dentists’ Remuneration (DDRB) for 2024-25 and uplift each part of the pay scale by 6 per cent, plus £1,000 on a consolidated basis, averaging an increase of over 8 per cent, with an effective date of 1 April.
Health and social care secretary Wes Streeting said it had been a "tough negotiation", but that the government worked "rapidly" to reach a fair offer.
He said: "I have been honest about the terrible economic inheritance left for this government, while the junior doctors’ committee has been clear that nothing less than the offer on the table will bring these strikes to an end."
NHS Providers, which represents large hospitals and other trusts, welcomed the announcement but said the government must not pass on the cost of above-inflation pay awards to other frontline services.
It said its members would be "deeply concerned" about any further delay to the new hospital building programme, with "too many NHS buildings and facilities falling to bits".