In medium bowl, combine chicken, salt, pepper and thyme; set aside.
In large saucepan or Dutch oven, heat oil over medium heat. Add chicken and sausage. Sauté, stirring occasionally, 8 minutes.
Add water and bring to a boil. Stir in rice packets; cover and reduce heat. Cook, covered, stirring occasionally until rice is tender and liquid is absorbed (about 25-30 minutes).
Stir in shrimp last 5 minutes of cooking.