With a budget of around Rs. 350 per head, you have the following broad choices:
- Arrange a day-long outing/picnic (this may marginally exceed the budget if you include transport costs).
- An annual day program just in the evening with loads of activities followed by dinner.
- Combine a CSR initiative with the outing to make it more meaningful and possibly very different for many.
In my view, you should try one of the three options this year, and the other options can be tried next year. It would help to add to the fun if you can include a theme dressing, get a professional event manager to organize/conduct the event. However, if you plan to use it as an opportunity to discover the organizational and personal skills of the employees, then ensure that proper teams are formed for the event with you coordinating the whole thing.
Based on your choice, you can work out the detailed plan for the day/evening.
Regards