95% of the union members who attend the meeting voted to end the dispute.
The NEU has accepted an additional consolidated increase to salaries of 0.8% from January. This is on top of the 4.4% rise put to teachers in last week's offer.
The proposed agreement includes the following:
2018: 2% consolidated increase plus 1.1% non-consolidated cash payment
2019: 2% consolidated increase plus 1.0% non-consolidated cash payment
2020: RPI + 1.3% consolidated increase, plus an additional 0.8% funded through reforms and sustainable efficiencies.
The offer aimed to end the dispute with the two teaching unions.
It comes after eight days of strike action last month over the pay dispute with Jersey's States Employment board.
The NEU President says teachers are feeling relieved.
We feel that the island needs us back and we need to start to look at how education can get better and how we can heal any wounds that exist.