The salary increase, which is worth 15% over three years, was approved by 96% of ASLEF members, the organization representing train drivers.
Shortly after winning the general election, the newly formed Labour government made the offer.
It puts an end to what ASLEF refers to as the “longest train drivers’ strike” in recent memory, with members going on strike eighteen times over the course of two years.
A wage agreement between the government and the National Union of Rail, Maritime, and Transport Workers (RMT) is also imminent.
A representative for the RMT stated: “Network Rail and the train operating companies have received a salary proposal.
The NEC has advised members to accept these, which have both been placed to a vote.
While Network Rail may increase compensation by 4.5% in 2024, the Department for Transport has indicated that salaries may rise by 4.75% in 2023–2024 and 4.5% in 2024–2025.
“With great pleasure, we can announce the end of the longest train drivers’ strike in history,” stated ASLEF national secretary Mick Whelan.