Hiram C. Nicholas Gold Medal, Founder's Award, The Council of Profit Sharing Industries

  • Joseph E. Renier, Hiram C. Nicholas Gold Medal, Founder's Award, The Council of Profit Sharing Industries, after 1947, bronze, Smithsonian American Art Museum, Gift of Mrs. Joseph Renier, 1967.93.52

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Hiram C. Nicholas (died 1950) headed the Quality Castings Company in Orrville, Ohio. He is remembered for having helped establish the Council of Profit Sharing (known today as the Profit Sharing/401(k) Council of America) in 1947. Nicholas and his collaborators believed that profit sharing promised reduced labor tensions, improved productivity, and higher profits. The movement grew out of the labor tensions of the 1930s and the “hate and strife” of the Second World War. The reverse of Joseph Renier’s medal shows a worker, identified by his coveralls, standing arm in arm with a suited company manager.

Title
Hiram C. Nicholas Gold Medal, Founder's Award, The Council of Profit Sharing Industries
Artist
Founder
Date
after 1947
On View
Not on view.
Dimensions
3 in. (7.7 cm) diam.
Credit Line

Smithsonian American Art Museum

Gift of Mrs. Joseph Renier

Mediums
Mediums Description
bronze
Classifications
Keywords
  • Portrait male – Nicholas, Hiram C. – bust
  • Figure male – full length
  • Object – other – torch
  • Occupation – other – businessman
Object Number
1967.93.52
Palette
Linked Open Data
Linked Open Data URI