This is what I'm referring to:
I don't claim to be an expert but I have worked with RS-485 in industrial environments and this is the way we did it.
Without knowing what the "Network Devices" are, it's impossible to tell.
A lot of industrial devices have isolated RS-485 transceivers, so the common mode range is extraordinary.
If this is the case, you're damn well off to begin with, but, you're shooting yourself in the foot by not connecting the shield -- without the shield, you're at the mercy of the device's line input CMRR, which probably isn't terrific. Presumably, its shield terminal would connect to the isolated section's ground, multiplying its CMRR massively. This would be critical in a "high" bitrate (up to 20Mbaud) application.
Likewise if the device is powered by an isolated source, like a wall-wart, and has no common ground connections around it (e.g., it's a lone sensor, just power in and data out).
Connecting the shield, to a common ground, of a grounded power system (AC or DC), would invite ground loop, and in that case you would consider lifting the shield: but only if you can't solve it another way, and only if the device's CMRR is good enough on its own.
Sad part: a lot of devices don't document these things good enough, so you can't tell (during the design phase) whether you're okay or not.
On the upside, communications isolators are plentiful (if not necessarily cheap). This would be the preferred option when you don't have a good choice, from the above.
And failing even
that, the sheer fact that RS-485 has as much CMR as it does (+12/-7V) is fantastic for many environments -- on the shop floor, the noise level might be a droning 5Vpk, where radios are useless -- but not peaking much above that, your CMR is more or less safe. There is good reason why they chose that margin in the original design!
Tim