Its very important to gift the employees on holidays after a hard working period . It shows the company also think of them rather than they think about it. Gifting an iPod to them will be a good one. It`s affordable, ( the least 1GB iPod shuffle comes for only Rs. 2300) stylish and have a class of it own.
Actually, I might have found a solution to this. There have been some posts on Apple having some corporate offer on the iPods.http://www.ipodyourlife.co.in/make_it.aspx
Working around the budget for this.