Actors’ Equity has voted to ratify a new five-year agreement after an eight-month strike against developmental productions.

The new contract includes a cumulative pay increase of more than 8 percent for Equity members, which was the union’s top priority in the agreement. It also includes increased pre-production time for stage managers and the creation of a joint working group between the union and the employers to create a new audition access program.

The agreement is effective immediately and extends to Feb. 11, 2029.

Equity noted that the Federal Mediation and Conciliation Service worked to bring the union and The Broadway League, the trade association made up of producers and general managers, to agreement.

The contract pertains to workshops and readings of shows held before potential full productions on Broadway or elsewhere. Equity said it stopped issuing developmental contracts in June. Still, some developmental work continued as producers worked with non-profits and other...