(b) The panel shall consist of all of the following members:

1. (1) The secretary or the director of a subsidiary department thereof selected by the secretary.
2. (2) The Director of the Governor’s Office of Business and Economic Development.
3. (3) An appointee of the Speaker of the Assembly.
4. (4) An appointee of the President pro Tempore of the Senate.
5. (5) A representative from the Future of Work Commission selected by the Governor.

(d) The study shall consider, at a minimum, how to do all of the following:

1. (1) Advance the goals of the Future of Work Commission within the association.
2. (2) Incentivize the growth of the association and its members.
3. (3) Promote tenets of democratic worker control, including, but not limited to, uniform hiring and ownership eligibility criteria, worker-owners working most hours worked, most voting ownership interest being held by worker-owners, most voting power being held by worker-owners, and worker-owners exercising their vote on a one-person, one-vote basis.
4. (4) Ensure that the association’s members offer high-road jobs, which include, but are not limited to, jobs with the right to organize and participate in labor organizations and jobs with minimum labor standards, such as a minimum wage in excess of the otherwise applicable minimum wage, a compensation ratio between the highest and lowest paid employees, minimum health expenditures, minimum retirement expenditures, and protections for individuals who have gone through the criminal justice system.