The Screen Actors Guild has reached a tentative three-year deal with negotiators repping about 40 of its own business representatives at its Hollywood HQ.

Deal was reached late Wednesday. The unionized employees agreed to a contract offer with 2% annual wage increases.

The employees, represented by Local 986 of the Intl. Brotherhood of Teamsters, had sought gains of 5% in the first year and 4% in the second and third years.

“We’re pleased to have concluded these negotiations,” SAG said in a statement. “We value the many contributions of our staff and are proud to have a productive working relationship with our employees.”

SAG is set to begin joint negotiations with the American Federation of Television & Radio Artists on Sept. 27 for a new master feature-primetime contract with the Alliance of Motion Picture & Television Producers.

Had the business agents not reached a deal, it would have raised the possibility of SAG being picketed by its own employees during the AMPTP talks.