The unions will now consult with their members on whether to accept or reject the proposed deal.
Commenting on the announcement, Theresa Fyffe, RCN Scotland Director, said:
“This is the largest pay rise offered to nurses in 10 years and we believe it is the best deal that can be achieved through negotiation at this time.
“It is now time for members to make up their own minds on whether to accept or reject it.
“It has been a long road to get to this point. Over a year ago we launched the ‘Scrap the Cap’ campaign which paved the way for these negotiations. It’s a success story that shows how our members can have an impact on government economic policy.
“We will be working hard over the coming weeks to make sure members have all the information they need to understand the deal on offer and how it affects them.
“It is vital that as many members take part in the consultation on the proposed deal.
“Each of the individual trade unions are in the process of making arrangements to consult with their memberships and jointly, we are working to make information about the proposed deal in full available so that individuals can see just what it will mean for them.
“We expect the result of the consultation to be known by the middle of August.”