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A cafeteria setting would be best.
The more time you put into the setup the more thankful your employees will be.
Best of luck!
I mean, booking a venue for 300 people, free 3 course meal, free bar all night, casino brought in, live band then a disco till 2am. I think around the region of £30-50,000 would be about it for us.
It does cost a lot, but the employees are vauled assets for our company and deserve it. When you look at the total cost it does seem a lot, but if you scale it into the salary of the person, it's not too much more per head.
Then you get loads of office gossip. Who kissed who, where did people wake up in the morning etc. Some of the stories the following days/weeks are classics. Well worth the cost in humor value alone i'd say.