Arriva buses finally look set to return to full time operation across Wakefield and West Yorkshire following the agreement.
The union, which began strike action on June 6 over low pay claims amid the cost of living crisis, previously said newly-recruited bus drivers were paid £9.78 an hour - just 28p above the minimum wage.
Arriva Yorkshire tweeted: "Arriva and Unite the Union are pleased to have reached an agreement today over a recommended offer being taken to union members in a ballot later this week."
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Drivers resumed strike action on Wednesday last week after discussions over an initial pay deal broke down.
It is hoped this new vote will bring an end to the long running dispute.