Journalists at the BBC have accepted a 1 per cent pay rise staving off the threat of strike action disrupting the Queen's Jubilee celebrations next month.
The pay offer for 2012 -13 also includes a minimum increase of £400 and other 'concession'on conditions.
NUJ general secretary Michelle Stanistreet said: "We are now making constructive and positive progress with trying to find proper and long term solutions. The immediate risk of redundancies at TV Current Affairs and the World Service have been averted. This has only been achieved because NUJ members have stood solidly together in opposition to compulsory redundancies.
"We have been deeply concerned by the failure of the redeployment process so the settlement today addresses the problem which we welcome. The BBC's stance on pay is disappointing, but the package of concessions on other pay-related issues and appraisals addresses key concerns for journalists across the BBC."
The agreement is a joint deal with BECTU. That union's general secretary Gerry Morrissey said: "There is absolutely no question that the BBC's handling of this year's pay talks will continue to anger staff and what is more, our members, not least in London, will suffer financially. However from the soundings we have taken, viewed nationally, pay was not the primary concern and in light of this we doubted the success of strike action over the Jubilee weekend.
'However, putting basic pay to one side for the moment, we believe that this week's agreement with the BBC, incorporating as it does valuable concessions, not only on collective bargaining but on key allowances, appraisals and on redeployment, represents vital protections for staff which will resonate with members across the country."
A BBC spokesperson commented: 'It is great news that the threat of a strike has been lifted and that BBC viewers will now be able to enjoy the Diamond Jubilee coverage without fear of interruption."